Chainflip exploit recovery decision stories

Sep 18, 2026

Chainflip validators approve proposal to reimburse liquidity providers after $736,000 Tron USDT exploit

Chainflip announced on September 18, 2026 that validators approved Proposal 008 to cover losses from the September 12 TRON USDT exploit. The plan uses recovered TRON USDT and a USDC credit; approval does not establish that every reimbursement is complete.

Sep 18, 20261 source

Sep 16, 2026

Chainflip to reset Tron liquidity provider balances to zero following $736,000 exploit

Chainflip protocol plans to restart operations by converting Tron liquidity provider balances into separate on-chain claims after a $736,000 exploit. The protocol has committed to making providers whole but has not disclosed repayment timing or funding source.

Sep 16, 20262 sources

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, 20262 sources