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

According to PANews, a recent report from blockchain analytics platform DappRadar reveals a significant decline in the frequency of 'Rug Pull' incidents, with only seven occurrences in 2025 compared to 21 in early 2024. Despite the decrease in frequency, the Web3 ecosystem has suffered substantial financial losses, amounting to nearly $6 billion since the beginning of 2025. A staggering 92% of these losses are attributed to the collapse of Mantra's OM token, although its founder denies it being a 'Rug Pull'. In contrast, the total losses from such incidents in the same period of 2024 were $90 million source: https://www.binance.com/en/square/post/23073907063466?utm_source=BinanceNewsRSS