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Arbitrum Perp DEX AFX Trade Drained of $24M, Offers Hacker 30% to Return It

Decrypt·July 23, 2026·1 min read
Arbitrum Perp DEX AFX Trade Drained of $24M, Offers Hacker 30% to Return It

Arbitrum-based perpetual DEX AFX Trade was drained of $24 million in an exploit targeting a custody bridge it operates, not the Arbitrum network itself. Stolen funds were quickly moved to Ethereum. The platform has offered the hacker 30% of the stolen amount as a bounty to return the remaining funds.

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