SwapNet loses 16.8 M$ in a smart contract vulnerability

Binance • January 26, 2026

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The vulnerability affected users who had disabled the 'one-time approval' system of 0x, granting direct permissions to the underlying aggregation ...

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SwapNet Suffers $16.8M Loss from Smart Contract Vulnerability SwapNet experienced a loss of $16.8 million due to a vulnerability in its smart contract. The issue arose when users disabled the 'one-time approval' system of 0x, allowing direct permissions to the underlying aggregation. The security firm PeckShield reported the attack targeting the decentralized exchange (DEX) aggregator. 2 sources 24

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