1inch Liquidity Provider Trusted Volumes Exploited for $5.87 Million
Tech 1inch Liquidity Provider Trusted Volumes Exploited for $5.87 Million The post 1inch Liquidity Provider Trusted Volumes Exploited for $5.87 Million appeared first on Coinpedia Fintech News Another major DeFi attack has shaken the crypto market. A liquidity provider tied to 1inchs Trusted Volumes system has reportedly been exploited for nearly $5.87 million, with attackers draining millions in WETH, USDT, WBTC, and USDC. More concerningly, blockchain security firms warn that the exploit may still be ongoing, meaning additional losses could still occur. So, how did the exploit happen？ How the Trusted Volumes Exploit Happened Security researchers at Blockaid revealed that attackers exploited a vulnerability in the Trusted Volumes resolver contract. This vulnerability allowed them to execute malicious orders directly from users wallets. The attack worked by abusing a public function in the contract. Using this function, the attacker was able to add themselves as an “Allowed Order Signer.” Once they gained this permission, they could use old wallet approvals that users had previously granted to move funds. Blockaids exploit detection system has identified an on-going exploit on TrustedVolumes (1inch market maker / resolver, @trustedvolumes ). Chain: Ethereum Victim contract: TrustedVolumes resolver — 0x9bA0CF1588E1DFA905eC948F7FE5104dD40EDa31 Exploiter:… — Blockaid (@blockaid_) May 7, 2026 What made the exploit especially dangerous is that users did not need to approve