TREE NEWS reports: DeFi has recorded 43 price manipulation attacks in 2026 as of Oct. 21, exceeding the previous full-year record of 27 set in 2022. Combined losses total about $199 million, with the Tectonic case accounting for roughly $125 million. Of the other 42 incidents, 32 involved single losses of less than $1 million.
DeFi Price Manipulation Attacks Hit 43 in 2026, Topping 2022 Record
The record is being set by frequency, not by size: most incidents are small, while one large case dominates the losses. That pattern points to cheaper, more repeatable attack tooling rather than a handful of sophisticated exploits, which matters most for smaller protocols with thin liquidity and limited audit budgets. Whether the count keeps climbing into year-end, and whether the loss concentration in a single case holds, is the open question.
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