Incident All ledgers
Deribit: $28.0m
Deribit lost $28.0m on 1 November 2022. Ranked 104th of 1,272 crypto failures, with method, returned funds and comparable incidents.
- Date
- 1 November 2022
- Lost
- $28.0m
- Returned or repaid
- None recorded
- Target
- CEX
- Category
- Key Compromise
- Method
- Hot Wallet Key Compromised
In early November 2022, attackers compromised Deribit's BTC, ETH and USDC hot wallets and drained about $28M; client funds in cold storage and Fireblocks vaults were untouched. Deribit absorbed the loss from company reserves, and how the breach happened has not been disclosed.
Against the ledger
- It ranks 104th of the 1,272 incidents with a known loss, and 17th in 2022.
- It accounts for 5.4% of the $515.2m in known losses in November 2022.
- 153 incidents in the ledger are classified as Key Compromise, for $8.96bn in total. This one is 0.3% of that.
- The ledger records no returned funds.
Closest in size by the same method
| Date | Target | Lost | Type | Method | Returned |
|---|---|---|---|---|---|
| 08 Jun 2026 | Humanity | $32.0m | DeFi Protocol | Private Key Compromised | — |
| 19 Nov 2017 | Tether | $31.0m | Token | Private Key Compromised | — |
| 22 Jul 2026 | AFX Bridge | $24.1m | DeFi Protocol | Validator Key Compromised | — |
| 15 Jul 2026 | Ostium | $23.8m | DeFi Protocol | Private Key Compromised | — |
| 09 Jul 2018 | Bancor V3 | $23.5m | DeFi Protocol | Hot Wallet Key Compromised | — |
All failures in 2022 · 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, “Deribit, failures ledger”, data to 2 November 2026, https://bitminer.io/ledger/incident/deribit-2022-11-01/. How this is built