The crypto landscape experienced another significantly challenging month. Throughout July 2026, major cryptocurrency exploits and hacks led to over $110 million in cumulative losses. As per the data from Top 7 AI & Crypto Analytics, the biggest crypto security incidents responsible for compromising governance weaknesses and credentials accounted for the majority of the financial damage. Just a couple of the respective incidents resulted from recently revealed smart contract vulnerabilities.

AFX Trade Leads July’s Crypto Exploits with $24.15M Loss

AFX Trade has emerged as the leading crypto exploit of July 2026. Specifically, the security incident has led to a staggering loss of $24.15 million. On the 22nd of July, a validator key compromise became the reason for the respective exploit. Following that, Ostium is the 2nd prominent crypto exploit of the month. In this respect, on July 15, the exploiter effectively compromised the oracle signer key and drained up to $23.75M (early estimate was $18M loss).

Coming after that, BonkDAO is another notable crypto exploit of the month. Particularly, the platform went through a sudden governance takeover. As a result, BonkDAO lost a total amount of almost $20M. Keeping this in view, the AFX Trade, BonkDAO and Ostium cumulatively accounted for nearly $57.6M over 15 days. Additionally, BonkDAO didn’t even need an exploit at all. So, $4M purchased a massive $BONK for the clearance of quorum as well as approve a proposal for shifting 4.43T tokens from the platform’s treasury.

Moving on, Wanchain emerged as the 4th top incident of July, witnessing a signature reuse exploit between July 22nd and 26th. Due to this, it underwent a drainage of $10M. Then, Triple-A lost $9.7M in its hot wallet breach that occurred between July 24 and 25.

Bonzo, Verus Bridge, and Summer.fi Bottom List of Monthly Crypto Incidents

According to Top 7 | Tech, AI & Crypto Analytics, another crypto exploit of July was experienced by Bonzo on the 11th of July when an oracle manipulation drained $9M. Subsequently, between July 22nd and 23rd, Verus Bridge’s exploiter leveraged the unpatched bridge bug and took away $7.54M. Ultimately, Summer.fi became the 8th among the top exploits of July, with exploiter targeting stale collateral to drain $6M on July 6.