An On-Chain DEX Aggregator Just Lost $17 Million in Major Smart Contract Attack

From BeInCrypto

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BeInCrypto • January 26, 2026 at 05:40 • News
On-chain decentralized exchange (DEX) aggregator, SwapNet, has suffered a major smart contract exploit that drained nearly $16.8 million in crypto assets. The incident highlights persistent security risks tied to token approvals and third-party routing contracts in decentralized finance (DeFi). On-Chain DEX Aggregator SwapNet Suffers $16.8 Million Exploit PeckShield reported that the attacker targeted SwapNet-linked activity
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