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Home»DeFi»Cryptographic carpet traction losses increased by 6,499% this year despite a decrease in frequency, explains Dappradar
DeFi

Cryptographic carpet traction losses increased by 6,499% this year despite a decrease in frequency, explains Dappradar

April 23, 2025No Comments
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The amount of financial losses linked to cryptographic prints increased considerably in 2025 despite less reported incidents, according to the Dappradar market.

The carpet prints are a deceptive scheme in the cryptographic space where the initiates hold large amounts of tokens hype in a project to attract capital, to suddenly sell all their participations, mainly killing the token and making the project without value.

In a new report, Dappradar claims that the web 3 ecosystem has already lost nearly $ 6 billion in carpet fire in 2025, up 6,499%, against only $ 90 million during the same period in 2024.

The increase in the lost value is largely due to incident Implying the mantra of the Crypto-Crypto Project of the real world (RWA) (OM), which represents 92% of losses.

Earlier this month, the OM token fell from a summit of $ 6.35 to a minimum of $ 0.37 after at least 17 portfolios transferred 43.6 million OM tokens ($ 227 million at the time) to Crypto exchanges.

“Mantra Network, which presented itself as a legitimate DEFI platform, is at the crossroads of these trends: a project that marketed the utility, operated quietly on the channel and finally collapsed in a spectacular way.”

But while carpet prints caused more financial damage this year, their frequency has actually dropped. Dappradar says that there were 21 recorded incidents of the program at the beginning of 2024, but that only 7 have been reported so far this year. The figure marks a 66% decrease in the frequency from one year to the next.

“This change suggests that rugpulls become less frequent, but much more devastating when they occur. The scams are increasingly sophisticated, often orchestrated by polished brand teams and well -planned stories.”

At the beginning of 2024, most of the carpet prints came from decentralized finance protocols (DEFI), non -bubilist (NFT) and mecoin token projects, while this year, the majority of incidents occurred in the Memecoin sector.

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