Solana hacks in 2025

SwissBorg's SOL Earn lost $41.5M (193,000 SOL) via a compromised API at staking vendor Kiln. SwissBorg itself wasn't breached; the third-party infra was.

Attackers drained $44M from CoinDCX's internal liquidity account for partner-exchange reserves; the exchange absorbed the loss from treasury.

Solana's Loopscale lost $5.8M 16 days post-launch via RateX PT token oracle manipulation enabling undercollateralized loans. All funds returned for 10% bounty.

~$73M drained from Phemex hot wallets across 16 blockchains in a coordinated sweep — the first major exchange hack of 2025, with TTPs consistent with Lazarus.