Stacks DeFi protocol ALEX was attacked by a Hacker, resulting in a loss of $8.373 million, and it promises to fully compensate users.

BlockchainTechnologyFrontier · 2025-06-07T13:27:27+00:00

The Stacks-based DeFi protocol ALEX was attacked on June 6, 2025, resulting in a loss of $8.373 million, including 8.4 million STX and various other assets. The ALEX Lab Foundation has pledged to fully compensate affected users, and the claims process will be communicated by June 8.

BlockchainTechnologyFrontier

2025-06-07 13:27:27

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According to the report, 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.

STX-3,84%

DEFI-1,61%

ALEX0,38%

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