1inch liquidity provider TrustedVolumes hit with ongoing exploit, draining nearly $6 million: Blockaid
Blockaid said the attacker was the same entity that exploited 1inch Fusion V1 in March 2025, which drained around $5 million.
TrustedVolumes, a liquidity provider for decentralized exchange aggregator 1inch, has fallen victim to an ongoing exploit that has drained nearly $6 million, according to blockchain security firm Blockaid. The attack is currently active and continues to siphon funds from the protocol's smart contracts.
Blockaid's analysis reveals that the same entity responsible for this exploit previously attacked 1inch Fusion V1 in March 2025, draining approximately $5 million in that incident. This connection suggests a sophisticated attacker with specific knowledge of 1inch's ecosystem and infrastructure vulnerabilities. The recurring nature of these attacks points to potential systemic security issues within related protocols.
The exploit highlights ongoing security challenges facing decentralized finance protocols, particularly those handling significant liquidity pools. As DeFi platforms continue to attract billions in total value locked, they remain attractive targets for malicious actors seeking to exploit smart contract vulnerabilities. The incident adds to a growing list of major DeFi exploits that have collectively drained hundreds of millions from the ecosystem.
The crypto community will be closely monitoring 1inch's response to this latest security breach, including any emergency measures to halt the ongoing drain and protect remaining user funds. Details about the specific vulnerability being exploited and potential user fund recovery efforts are expected to emerge as the situation develops.
Source: The Block
