According to DappRadar, the number of crypto rug pulls has decreased by 66% year-on-year in 2025, with only seven incidents recorded compared to 21 in 2024. However, the scale of losses has intensified, amounting to nearly $6 billion in 2025, in stark contrast to only $90 million during the same period in 2024. This indicates a troubling trend where rug pulls are becoming less frequent but far more impactful when they do happen, often executed by sophisticated teams with polished branding and narratives. DappRadar analyst Sara Gherghelas notes that the majority of rug pulls in 2025 have been linked to memecoins, marking a shift from 2024 when DeFi protocols and NFT projects were more commonly involved. Gherghelas warns that rug pulls remain a significant threat, especially in ecosystems where projects can gain hype quickly and vanish with funds. Users are advised to look for warning signs such as sudden spikes in active wallets and unverified smart contracts.

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