{"id":96888,"date":"2026-05-07T10:09:30","date_gmt":"2026-05-07T07:09:30","guid":{"rendered":"https:\/\/u1f987.com\/en\/?p=96888"},"modified":"2026-05-07T10:10:23","modified_gmt":"2026-05-07T07:10:23","slug":"market-maker-trustedvolumes-hacked-for-6-million","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/market-maker-trustedvolumes-hacked-for-6-million\/","title":{"rendered":"Market Maker TrustedVolumes Hacked for $6 Million"},"content":{"rendered":"<p>The liquidity provider <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-1inch\">1inch<\/a>, known as TrustedVolumes, has suffered a loss of nearly $6 million due to a hack. According to Blockaid, the attack targeted the project&#8217;s router contract on the Ethereum network.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\udea8 Blockaid&#8217;s exploit detection system has identified an on-going exploit on TrustedVolumes (1inch market maker \/ resolver, <a href=\"https:\/\/twitter.com\/trustedvolumes?ref_src=twsrc%5Etfw\">@trustedvolumes<\/a> ).<br \/>Chain: Ethereum<\/p>\n<p>Victim contract: TrustedVolumes resolver \u2014 0x9bA0CF1588E1DFA905eC948F7FE5104dD40EDa31<\/p>\n<p>Exploiter:\u2026<\/p>\n<p>\u2014 Blockaid (@blockaid_) <a href=\"https:\/\/twitter.com\/blockaid_\/status\/2052198320420819089?ref_src=twsrc%5Etfw\">May 7, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The stolen assets include:\u00a0<\/p>\n<ul class=\"wp-block-list\">\n<li>1291 WETH;<\/li>\n<li>206,282 <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-tether-usdt\">USDT<\/a>;<\/li>\n<li>16,939 WBTC;<\/li>\n<li>1.2 million <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-the-usdc-stablecoin\">USDC<\/a>.<\/li>\n<\/ul>\n<p>Experts noted that the same address was responsible for exploiting a vulnerability in a 1inch smart contract in March 2025, resulting in a $5 million loss. This time, the breach was due to an error in a custom proxy contract for <span data-descr=\"RFQ (request for quote) \u2014 a model where market makers provide individual quotes for asset exchanges without using standard liquidity pools\" class=\"old_tooltip\">request-for-quote exchanges<\/span> controlled by TrustedVolumes.\u00a0<\/p>\n<p>The project team confirmed the attack and published the hacker&#8217;s wallet addresses.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\udea8 We were recently exploited.<\/p>\n<p>The addresses currently holding the stolen funds are:<\/p>\n<p> [<a href=\"https:\/\/t.co\/Uffg1StIhA\">https:\/\/t.co\/Uffg1StIhA<\/a>](<a href=\"https:\/\/t.co\/Uffg1StIhA\">https:\/\/t.co\/Uffg1StIhA<\/a>) \u2014 approx. $3M<br \/> [<a href=\"https:\/\/t.co\/gUCDHwOOTC\">https:\/\/t.co\/gUCDHwOOTC<\/a>](<a href=\"https:\/\/t.co\/gUCDHwOOTC\">https:\/\/t.co\/gUCDHwOOTC<\/a>) \u2014 approx. $3M<br \/> [<a href=\"https:\/\/t.co\/68Lu7Bq0MJ\">https:\/\/t.co\/68Lu7Bq0MJ<\/a>]<\/p>\n<p>[<a href=\"https:\/\/t.co\/68Lu7Bq0MJ\">https:\/\/t.co\/68Lu7Bq0MJ<\/a>] \u2014\u2026<\/p>\n<p>\u2014 TrustedVolumes (@trustedvolumes) <a href=\"https:\/\/twitter.com\/trustedvolumes\/status\/2052235435292910005?ref_src=twsrc%5Etfw\">May 7, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;We are open to constructive dialogue regarding bug bounties and mutually acceptable solutions,&#8221; the developers wrote.\u00a0<\/em><\/p>\n<\/blockquote>\n<h2 class=\"wp-block-heading\">DeFi Continues to Suffer\u00a0<\/h2>\n<p>The breach of TrustedVolumes marks the fifth such incident since the beginning of May. According to <a href=\"https:\/\/defillama.com\/hacks\">DefiLlama<\/a>, protocols Bisq, Sharwa.Finance, SmartCredit, and <a href=\"https:\/\/u1f987.com\/en\/news\/hacker-exploits-1-4-million-vulnerability-in-ekubo-contract\">Ekubo<\/a> were previously affected. The latter suffered the greatest loss, amounting to $1.4 million.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/img-f697b1212834977f-3738987089492882.webp\" alt=\"image\" class=\"wp-image-279654\"\/><figcaption class=\"wp-element-caption\">Source: DefiLlama.\u00a0<\/figcaption><\/figure>\n<p>April <a href=\"https:\/\/u1f987.com\/en\/news\/april-sets-record-for-crypto-industry-hacks\">set<\/a> a record for the number of hacks in the crypto industry. Experts recorded 20 attacks, with a total of $635 million stolen \u2014 the highest since February 2025, when the Bybit exchange alone <a href=\"https:\/\/u1f987.com\/en\/news\/bybit-exchange-suffers-1-46-billion-loss-in-hack\">lost<\/a> nearly $1.5 billion.<\/p>\n<p>Last month, Andrew Moss from Jefferies bank <a href=\"https:\/\/u1f987.com\/en\/news\/defi-hacks-cast-doubt-on-wall-streets-crypto-ambitions\">stated<\/a> that the series of exploits in the DeFi sector might dampen Wall Street companies&#8217; interest in blockchain technology.\u00a0<\/p>\n<p>Ethereum co-founder Joseph Lubin <a href=\"https:\/\/u1f987.com\/en\/news\/joseph-lubin-foresees-global-economy-transitioning-on-chain\">believes<\/a> that the new financial infrastructure is merely undergoing a painful strengthening process, with attackers effectively exposing weaknesses in the protocols.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The liquidity provider 1inch, known as TrustedVolumes, has suffered a loss of nearly $6 million due to a hack. The attack targeted the project&#8217;s router contract on the Ethereum network. <\/p>\n","protected":false},"author":1,"featured_media":96889,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"TrustedVolumes lost nearly $6 million in a hack affecting its Ethereum contract.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1487,44,46],"class_list":["post-96888","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-1inch","tag-cybercrime","tag-ethereum"],"aioseo_notices":[],"amp_enabled":true,"views":"12","promo_type":"1","layout_type":"1","short_excerpt":"TrustedVolumes lost nearly $6 million in a hack affecting its Ethereum contract.","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/96888","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=96888"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/96888\/revisions"}],"predecessor-version":[{"id":96890,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/96888\/revisions\/96890"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/96889"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=96888"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=96888"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=96888"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}