October 2025 witnessed approximately 15 major crypto exploits, leading to total losses of $18.18 million, a significant 85.7% decrease from September's $127.06 million. This decline in exploit losses coincided with a historic event on October 10, when a crypto market crash resulted in over $20 billion in leveraged positions being liquidated within hours, marking the largest liquidation event in the industry's history.
The top three hacks of the month included GardenFi, which suffered an $11 million loss, Typus Finance with $3.4 million, and MIM Spell with $1.8 million. Despite the reduced losses from exploits, the massive liquidation event underscored the volatility and risks inherent in the crypto market.
October Crypto Exploits Drop 85.7% to $18.18M Amid Historic Liquidation Event
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