TrustedVolumes, a resolver and market maker used by 1inch and other defi platforms, suffered a $6.7&nbsp;million exploit after an attacker was able to steal funds without proper validation. The thief then swapped the stolen <button class="define-target" id="wrapped-token">w</button>ETH, USDT, wBTC, and USDC through ChangeNow and converted them to ETH to evade <button class="define-target" id="freezing">freezes</button>.<p>Blockchain research firm Blockaid has linked the attacker to a <a href="https://www.web3isgoinggreat.com/?id=1inch-loses-5-million-to-smart-contract-bug" target="_blank">similar exploit in March 2025</a> that saw $5&nbsp;million drained from 1inch. This time, 1inch has asserted that although they use TrustedVolumes as a resolver, the exploit did not involve any of their systems.</p>

"DeFi Platform TrustedVolumes Hit by $6.7M Exploit"

TrustedVolumes exploit

TrustedVolumes suffers $6.7&nbsp;million exploit

The Ekubo automated market maker infrastructure project experienced a $1.4&nbsp;million theft after attackers were able to take advantage of a <button class="define-target" id="smart-contract">smart contract</button> that improperly verified permissions. They stole 17&nbsp;<button class="define-target" id="wrapped-token">w</button>BTC ($1.4&nbsp;million), which they swapped for ETH and laundered via Tornado Cash.

"Attackers drain $1.4M in wrapped bitcoin from DeFi protocol Ekubo in approval-based exploit"

Event	Date	Amount More info	Recovered More info
TrustedVolumes exploit	May 6, 2026	$6,700,000
Ekubo exploit	May 5, 2026	$1,400,000