Rug Pulls Less Frequent, But More Harmful in 2025

Despite a significant decrease in rug pulls compared to the previous year, 2025 has witnessed an alarming rise in their impact. A report by blockchain analytics firm DappRadar reveals a dramatic shift, with only seven rug pull incidents recorded this year, down from 21 in early 2024. However, these fewer scams have inflicted nearly $6 billion in damage so far, highlighting a concerning trend of more severe consequences despite the reduced frequency of attacks.