Reportedly, Skyward finance, an initial DEX offering (IDO) platform enabling fair token distribution for projects on the Near Protocol, has been exploited for 1.1 million Near Protocol tokens. They are worth an estimated $3 at the time of publication. Exploits within the DeFi ecosystem seem to be on the rise. Blockchain analytics firm Chainalysis recently labeled October 2022 as “the biggest month in the biggest year ever for hacking activity.”