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Rhea Finance stories

Apr 18, 2026

Rhea Finance Suffers $18.4 Million Exploit on NEAR Protocol, More Than Double Initial Estimates

DeFi protocol Rhea Finance on NEAR was exploited for $18.4 million through deliberately constructed swap routes and fake token contracts, with losses more than doubling initial estimates of $7.6 million.

Apr 18, 2026·2 sources
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Top claims

  • ▪The fake token contracts are suspected of misleading Rhea Finance's oracle and validation layer
  • ▪The Rhea Finance exploit losses were more than double the initial estimates
  • ▪Rhea Finance is a DeFi protocol in the NEAR ecosystem

Topics

Crypto hacksSmart contract exploitsDeFi securityDeFi

Related entities

NEAR