DeFi losses plunge 80% since 2022 as protocol exploits dominate

DeFi's total losses fell roughly 80% in two years, from a $2.62B peak in 2022 to $534M in 2024, and the median loss per incident dropped from $6M to $1.5M over the same period. Bridges, which accounted for 73% of 2022's losses, now make up just 3%. Flash-loan attacks collapsed from 54% of 2020…