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Sep 13, 2026

Chainflip loses $736,000 in USDT after TRON exploit, halts network

Decentralized cross-chain swap protocol Chainflip paused its network after losing 736,442.17 USDT through six unauthorized payouts when an attacker exploited its handling of TRON transaction memos. The protocol has announced users will be made whole.

Sep 13, 2026·2 sources

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Top claims

▪An attacker exploited Chainflip's TRON USDT integration on September 12, 2026, by attaching a new memo to a transaction that Chainflip validators had already signed
▪Chainflip committed to making impacted users whole, though the protocol had not finalized or published its specific reimbursement method as of September 13, 2026
▪During the August 24, 2026 incident, Chainflip temporarily paused deposits and quoting on Ethereum, Arbitrum, and TRON before restoring services via a network upgrade

Subtopics

Chainflip exploit recovery decision1 DeFi1 Smart contract vulnerabilities1 Stablecoins1

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