TrustedVolumes was exploited today, May 7, 2026 and has lost almost $6.7 million.
The attackers discovered a flaw in the proxy contract and by exploiting the flaw, the attackers managed to drain funds.
The breach highlights rising security threats across DeFi infrastructure.
Today, on May 7, 2026, alerts from blockchain security firm Blockaid signaled that TrustedVolumes, a major liquidity provider and market maker for the 1inch ecosystem, had been exploited on the Ethereum network. The attacker extracted approximately $6.7 million in assets (according to TrustedVolumes), including 1,291.16 WETH, 206,282 USDT, 16.939 WBTC, and 1,268,771 USDC, according to Blockaid and Web3 security firms.
The incident is being investigated as a sophisticated smart-contract exploit rather than a traditional phishing smart-contract exploit or social engineering attack, underlining persistent vulnerabilities in decentralized finance (DeFi) protocols.
What Went Wrong in the TrustedVolume
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