Web3 Ecosystem Suffers $6 Billion Loss from Rug Pulls in 2025

A new report by DappRadar paints a concerning picture of the Web3 ecosystem’s vulnerability to ‘Rug Pull’ scams. Despite a decrease in incidents, losses have soared, reaching nearly $6 billion since January 1st, 2025. The primary culprit is Mantra’s OM token, which has seen a significant value decline following its collapse, accounting for 92% of the total losses. While the founder denies it was a ‘Rug Pull,’ the consequences are undeniable.