CertiK: Total losses from security incidents in November exceeded $172 million, of which $45 million has been frozen or recovered.
TL;DR
In November 2025, crypto security incidents caused $172.4M in losses, with $45M recovered, leading to a net loss of $127M. Major losses came from Balancer and Upbit, primarily due to code vulnerabilities in DeFi projects.
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PANews reported on November 30 that, according to CertiK's November security incident report released on X, the total losses caused by various attacks, vulnerabilities, and scams in November 2025 amounted to approximately $172.4 million, of which approximately $45 million has been frozen or recovered, resulting in a net loss of approximately $127 million.
The report shows that the biggest incidents in November came from Balancer ($113 million), followed by Upbit ($29.87 million) and Bex ($12.4 million). In terms of incident type, code vulnerabilities ($130 million) were the biggest losers, followed by wallet leaks ($33.05 million). By sector, DeFi projects suffered the most significant losses, reaching $134.9 million.
CertiK points out that although some funds have been successfully frozen or returned, the total number of security incidents this month remains high, reminding users and project teams to strengthen contract auditing, key management and risk control measures at the end of the year.