Crypto exploits hit a record high in H1 2026, with 212 incidents confirmed across several crypto projects, according to a Tuesday report from Blockaid.

KelpDAO, Drift protocol account for more than half of H1 losses

Average losses stood at $5.4 million, with a total of $1 billion in exploits in the first six months. The largest incident came from KelpDAO, which recorded $292 million in losses after a compromised bridge triggered a breach in its cross-chain messaging. The Drift protocol saw the second-largest attack of the period, with $285 million drained via a multisig compromise in under 12 minutes.

The two largest losses — both in April — accounted for the largest exploits in H1 ’26, totaling $577 million. Only Bybit’s February 2025…