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TrustedVolumes Confirms $6.7 Million Exploit as 1inch Says Protocol Unaffected

Security firms say a TrustedVolumes RFQ proxy, not 1inch’s core contracts, was the weakness.

Overview

  • TrustedVolumes, which disclosed the breach Thursday, put losses at about $6.7 million and named three wallets now holding the funds.
  • Blockaid said the attack hit the firm's Ethereum resolver and a custom request-for-quote swap proxy, not 1inch's core routes.
  • An RFQ proxy is a contract that lets a market maker quote prices and move pre-approved tokens fast, which makes signer permissions a prime risk.
  • Cyvers reported the hacker used a public signer registration, broken replay protection, and an unchecked transfer source to act as a trusted signer.
  • 1inch said its systems and users were unaffected, while analysts tied the wallet to the March 2025 Fusion V1 operator and urged users to revoke approvals.