AI has not triggered a DeFi hacking apocalypse – stolen funds are declining

Dragonfly managing partner Haseeb Qureshi argues that fears of an AI-driven hacking apocalypse in decentralised finance have proven to be a false alarm. Data for 2025 show both total value stolen and the median hack size are declining compared to prior years. Qureshi says the trend is a reassuring signal for the DeFi sector.