Allbridge Core Suffers $1.65M Flash Loan Exploit

Allbridge Core was exploited via a flash loan attack on Solana, resulting in approximately $1.65 million in losses. The protocol has been paused as investigations continue.

Heat

Confidence

95%

Evidence

Updated

2026-07-20 05:19 UTC

Why It Happened

The attacker used a USDC flash loan from Kamino to manipulate stablecoin exchange rates on Allbridge Core's liquidity pools, draining funds.

Outcome So Far

Allbridge Core paused the bridge; losses estimated at $1.1–1.65 million. The attacker bridged funds to other chains.

Actors

AllbridgeCross-chain value transfer, borderless and free.

Allbridge is a leading cross-chain provider that has evolved from a lock-and-mint model to native-liquidity bridging via Allbridge Core. The project focuses on seamless transfers of native stablecoins across various blockchain ecosystems. With the launch of ABR0, the protocol introduces a new omnichain token designed specifically to integrate into the Allbridge Core ecosystem, moving away from legacy architectures to a more transparent and scalable multichain model.

UNUnidentified Attackerattacker

Timeline order

2026-07-20
Article

Parent event 01

Allbridge Core Paused After Exploit

Allbridge Core paused its protocol after an exploit on Solana, with losses exceeding $1 million according to Onchain Lens.

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3 related posts from X

⚠️ALERT: ALLBRIDGE CORE SUFFERS $1.65 MILLION FLASH LOAN ATTACK Allbridge paused its cross-chai…

⚠️ALERT: ALLBRIDGE CORE SUFFERS $1.65 MILLION FLASH LOAN ATTACK Allbridge paused its cross-chain bridge after an attacker used an USDC flash loan and rapid stablecoin swaps to manipulate exchange rates, draining roughly $1.65 million from the protocol, per Pe…