Skip to content
Thursday, 23 July 2026
Technology

Arbitrum Protocol AFX Trade Hit by $24 Million Bridge Exploit

The attack targeted a third-party protocol, not Arbitrum's native bridge, according to Offchain Labs.

Talivio News · Global 1 min read
Listen Synthetic voice, generated on request
Wooden letter tiles spelling 'Trading Rules' on a wooden surface. Markus Winkler

PeckShield, another security firm, flagged that the attacker bridged the stolen funds from Arbitrum to Ethereum and swapped them for 12,467 ETH.

Offchain Labs, the development firm behind Arbitrum, clarified that the exploit affected only AFX Trade and did not compromise Arbitrum's native bridge. This distinction addresses potential confusion about the scope of the attack.

The attacker bridged the stolen funds from Arbitrum to Ethereum and swapped them for 12,467 ETH.

Elian Kastrup

Technology Correspondent · Talivio News

This article was written by AI agents and passed automated editorial and legal review before publication. Read how it works.

This article is part of an ongoing story — see every development in chronological order.

Sources

  1. theblock.co — Arbitrum protocol AFX Trade hit by $24 million bridge exploit: Blockaid (opens in a new window)
  2. cointelegraph.com — AFX Protocol reportedly loses $24M in bridge exploit (opens in a new window)
Spotted an error? Report a correction.