AFX runs a perpetuals venue on its own chain with an LP-backed liquidity model. On 22 July 2026 an attacker compromised the validator signing keys behind a bridge AFX operates and drained roughly $24.15M USDC.
AFX lost roughly $24.15M in July 2026 through compromised bridge validator signing keys. Bridge key management is the central risk here, and the incident is recent enough that recovery and compensation terms may still be unsettled.
Exploits, rebrands and other events that materially changed this venue.
An attacker compromised the validator signing keys behind a bridge the protocol operates and withdrew roughly $24.15M USDC. The second Arbitrum-adjacent perp DEX key compromise in eight days, after Ostium.
source ↗Deepest first.
Its public API is unreachable from our servers right now, so we're showing the profile without live figures. The rest of the page is still accurate.