Allbridge Core Exploited on Solana, $1.1M Extracted via Flash Loan Attack
2026-07-20 08:30

Woofun AI reports that Allbridge Core suffered an exploit on Solana, resulting in the extraction of approximately $1.1 million. The attacker secured a $1.12 million USDC flash loan from Kamino and executed a rapid USDC/USDT swap to distort the stablecoin pool ratio within Allbridge. Liquidity was withdrawn at the manipulated exchange rate, and the flash loan was repaid within the same transaction. The stolen assets were subsequently routed through a privacy protocol. The maximum single withdrawal recorded from Allbridge was $2.24 million USDC. Further analysis of the vulnerability and affected pools is currently underway.

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Tags:
USDC
USDT
Allbridge Core
Onchain Lens
Kamino
Allbridge
Solana
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