Bunni, a decentralized exchange (DEX) built on Uniswap v4, has stopped operations after losing $8.4 million in a recent exploit.
The team behind Bunni said they do not have enough money to safely restart the project.
Bunni Closes Over Lack of Funds
Bunni announced on September 2, 2025, that it had fallen victim to a hack that resulted in the loss of approximately $8.4 million. The attackers exploited a vulnerability in the DEX’s smart contracts related to its Liquidity Distribution Function. This allowed them to manipulate internal calculations and drain funds from liquidity pools on Ethereum.
While initial reports indicated that between $2.3 million and $2.4 million had been stolen on Ethereum, analysis by QuillAudits and Halborn revealed a further $5.9 million was lost on Unichain. The stolen assets included USDC and USDT, which were consolidated into a single wallet.
After the incident, Bunni paused all smart contract activity and advised users to withdraw their funds. The project
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