July 26, 2026·Bearish·critical issue

BONK DAO Treasury Drained of $20M in Exploit

The BONK DAO treasury was exploited for $20 million, causing governance turmoil and fracturing liquidity on Solana. The incident has driven speculative trading volume back into unencumbered attention-based assets like WIF.

Detected & updated continuously · Source: Nebula

Mentioned

Bonk (bonk)

dogwifhat (wif)

Sources

@rage_0x

🔥INTERESTING: Solana memecoin liquidity fractures as $BONK governance reels from a $20 million DAO treasury exploit, driving speculative volume back into unencumbered pure attention assets like $WIF and $PENGU.