Ethereum and Solana suffered significant hack losses in H1: Ethereum lost $459M across 34 incidents, while Solana lost $328M across five incidents with Drift Trade hack accounting for $295M.
Security & Exploits ·
Ethereum experienced losses of $459M across 34 security incidents during the first half of 2026, while Solana suffered $328M in losses across five incidents, according to analysis by Quill Audits. A single exploit of Drift Protocol accounted for $295M of Solana's total, representing the largest individual loss in the period.
The distinction in incident frequency between the two networks points to different vulnerability profiles. Ethereum's higher number of smaller breaches suggests a broader surface area of exploitable flaws, while Solana's concentrated losses in fewer events reflect instances of larger capital exposure. Both chains faced pressure from on-chain theft targeting smart contract weaknesses, governance mechanisms, and operational security gaps across protocols and custodians.
The data leaves several questions unresolved: whether the remaining $33M of Solana's losses came from additional distinct exploits or related attacks, what recovery or remediation efforts followed the Drift Protocol hack, and how incident patterns across both chains correlate with specific vulnerability classes or attacker profiles. The scale of these losses underscores the ongoing challenge of securing larger value pools in decentralized systems.