Incident All ledgers
BonkDAO: $20.0m
BonkDAO lost $20.0m on 6 July 2026. Ranked 133rd of 1,272 crypto failures, with method, returned funds and comparable incidents.
- Date
- 6 July 2026
- Lost
- $20.0m
- Returned or repaid
- None recorded
- Target
- Token
- Category
- Governance
- Method
- Malicious Proposal
- Chains
- Solana
On July 6, 2026, an attacker bought enough BONK to hold about 99.88% of BonkDAO's governance votes and passed proposal BIP #76, draining 4.43T BONK (about $20 million) from the treasury. Absent timelocks and a 1% quorum made it possible.
Against the ledger
- It ranks 133rd of the 1,272 incidents with a known loss, and 17th in 2026.
- It accounts for 7.9% of the $254.7m in known losses in July 2026.
- 21 incidents in the ledger are classified as Governance, for $250.0m in total. This one is 8.0% of that.
- The ledger records no returned funds.
Closest in size by the same method
| Date | Target | Lost | Type | Method | Returned |
|---|---|---|---|---|---|
| 23 Aug 2026 | TermFinance Vaults | $8.5m | DeFi Protocol | Malicious Proposal | — |
| 15 Mar 2021 | TSD (True Seigniorage Dollar) | $7.1m | DeFi Protocol | Malicious Proposal | — |
| 25 Jul 2022 | Audius | $6.0m | DeFi Protocol | Malicious Proposal | — |
| 22 Sept 2026 | Astroport | $4.9m | DeFi Protocol | Malicious Proposal | — |
| 24 Oct 2026 | X100 | $4.8m | DeFi Protocol | Flashloan Governance Attack | — |
All failures in 2026 · The failures ledger
Amounts are DefiLlama’s estimates and can change as incidents are revalued. Its returned figure can include money a company repaid itself, not only funds recovered from attackers. Source: DefiLlama.
Cite this Bitminer.io, “BonkDAO, failures ledger”, data to 2 November 2026, https://bitminer.io/ledger/incident/bonkdao-2026-07-06/. How this is built