July 23, 2026·Bearish·critical issue

Arbitrum's AFX Trade Drained of $24M

Arbitrum-based DeFi protocol AFX Trade was exploited for $24 million, according to the Unchained Daily newsletter. No further details on the exploit method have been released yet.

Detected & updated continuously · Source: Nebula

Sources

@Unchained_pod

In today's Unchained Daily newsletter: 🔥 A new Clarity Act draft appears 🕳️ Arbitrum's AFX Trade drained of $24 million ⚖️ SEC's Peirce puts DeFi vaults and onchain lending on notice 🇫🇷 Polymarket plans to fight France's website block ⚡ Read today’s biggest crypto news… and