ALEX protocol was attacked with a vulnerability of $8.373 million, and the foundation promises to fully compensate the affected users.

BlockchainTechnologyFrontier · 2025-06-07T12:21:32+00:00

According to financial reports, the DeFi ALEX protocol based on Stacks was attacked on June 6, 2025, due to a vulnerability in the coin verification logic, resulting in multiple asset pools being stolen, with total losses reaching $8.373 million. The lost assets include 8.4 million STX worth approximately $5.69 million, (, and 21.85.

BlockchainTechnologyFrontier

2025-06-07 12:21:32

According to financial reports, the Stacks-based DeFi ALEX protocol was attacked on June 6, 2025 due to a self-listing verification logic vulnerability, resulting in the theft of multiple asset pools and a total loss of $8.373 million. Lost assets include 8.4 million STX( about $5.69 million ), 218,500 sBTC( about $2.24 million ), 149,000 USDC/USDT and 2.8 WBTC( about $287,000 ). The ALEX Lab Foundation has pledged to compensate all affected users in full in USDC. The compensation process will be notified to the affected wallets before June 8, and users need to submit a claim before June 10, and the compensation will be completed within 7 working days after verification.

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