Cryptocurrency [loss] $5M+

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2025-03-05 [vendor] 1inch [chain] ethereum
Primary Source ↗
Financial Loss $5.0M (5,000,000 USD)
Blockchain(s) Ethereum

Incident Details

An attacker exploited a smart contract belonging to the 1inch DEX aggregator, stealing $5 million in the USDC stablecoin and wETH. According to the platform, the vulnerability existed in “smart contracts using the obsolete Fusion v1 implementation”, and the stolen funds belonged to resolvers (that is, entities that fulfill 1inch orders) rather than users.

Total loss estimated at $5,000,000.

Technical Details

Initial Attack Vector
Smart contract exploit / hack
Vendor / Product
1inch

Timeline

  1. 2025-03-05 Breach occurred
  2. 2025-03-05 Publicly disclosed