This year, Rug pull cases decreased by 66%, but the damage amount is 6 billion dollars

This Year Rug Pull Cases In The Cryptocurrency Market Have Decreased Significantly Compared To Last Year, But The Damage Size Is Getting Much Bigger Each Time It Occurs.

According To The Report Released By Blockchain Analysis Platform DappRadar On The 16th, The Total Number Of Rug Pulls Occurred In 2025 Until Now Is 7, Which Is About 66% Less Than 21 Cases In The Same Period Last Year. However, In Contrast, The Scale Of Damage Has Rather Increased. The Total Loss From Rug Pulls During The First Quarter Of This Year Amounted To About 6 Billion Dollars, Which Is Over 60 Times More Than 90 Million Dollars During The Same Period Of 2024.

However, The Report Explains That 92% Of The Total Damage Was Due To The Collapse Of Mantra's OM Token. Mantra Firmly Denies The Allegation That The Project's Collapse Was A Rug Pull.

DappRadar Analyst Sara Gergaras Analyzed, “While The Number Of Rug Pulls Has Decreased, Each Occurrence Is Causing A Much Greater Impact,” Saying “Team-Based Frauds With Sophisticated Branding And Marketing Are On The Rise.”

The Area Where Rug Pulls Mainly Occur Is Also Changing. In The First Quarter Of Last Year, It Appeared In Various Fields Such As DeFi, NFT, And Meme Coins, But Entering This Year, Most Rug Pulls Are Concentrated On Meme Coins.

A Representative Case Is The Solana-Based Libra Token. This Token's Market Capitalization Soared To 4.56 Billion Dollars After The Argentine President Javier Milei Posted A Related Post On SNS, But The Token Value Plummeted By More Than 94% After The Post Was Deleted. This Incident Is Suspected To Be A Pump-And-Dump (Induced Surge And Dumping).

Gergaras Commented, “Rug Pulls And Exit Frauds Are Repeated Particularly In Emerging Projects That Quickly Attract Attention,” Adding, “Users Often Find It Difficult To Distinguish Them.”

He Pointed Out The Premonitory Phenomena Of Rug Pulls As ▲ A Sudden Increase In The Number Of Active Wallets Without Reason ▲ Abnormally High Transaction Volume And Low Number Of Users ▲ Unverified Smart Contracts ▲ Lack Of GitHub Activity ▲ Anonymous Developer Team.

“While Fraud Methods Evolve As The Industry Develops, The Surveillance Tools Available To Users Are Also Becoming More Sophisticated,” He Explained. He Emphasized, “While It Is Difficult For Rug Pulls To Disappear Completely, Minimizing Damages Is Possible.”

Rug Pulls Have Decreased But Have Not Disappeared, And Their Patterns Have Become More Subtle And Dangerous. It Is Reaffirmed That Information And Vigilance Are The Most Effective Shields.