Published Jul 22, 2026, 8:25 PM ET · Updated 4 months ago · 3 sources

NEW: AFX Trade, a protocol on Arbitrum, has suffered an exploit with roughly 24.15M USDC drained, according to Blockaid. Offchain Labs' Steven Goldfeder says the Arbitrum team is investigating the incident and confirmed that the Arbitrum native bridge was not hacked.

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Original Report

NEW: AFX Trade, a protocol on Arbitrum, has suffered an exploit with roughly 24.15M USDC drained, according to Blockaid. Offchain Labs' Steven Goldfeder says the Arbitrum team is investigating the incident and confirmed that the Arbitrum native bridge was not hacked.