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Garden Finance Faces $450,000 Exploit Targeting Off-Chain Solver Database

Garden Finance Faces $450,000 Exploit Targeting Off-Chain Solver Database

First seen 27 Jul 2026, 03:31 UTC

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ThreatCluster AI
ThreatCluster July 28, 2026 at 02:49 UTC
  • Garden Finance's HTLCs were exploited for $450,000 across multiple blockchains.
  • The breach was due to a compromised off-chain database of an independent solver, not the protocol itself.
  • This incident marks the second major security breach for Garden Finance in less than a year.

Garden Finance is currently dealing with an ongoing security exploit that has drained approximately $450,000 in USDT from its Hash Time Locked Contracts (HTLCs) across Ethereum, Base, Arbitrum, and BNB Chain. The attack was confirmed by Blockaid, which indicated that the exploit is still active. However, a spokesperson for Garden Finance clarified that the protocol's smart contracts were not compromised; instead, the breach occurred in an independent solver's off-chain database. This incident follows a previous breach in October 2025, where Garden Finance lost between $10.8 million and $11 million due to a compromised solver. As a precaution, Garden Finance has temporarily disabled its app while it investigates the incident and works with security firms to trace the stolen funds. The company asserts that no user funds were at risk during this exploit. The ongoing situation raises concerns about the security of cross-chain protocols, especially given the repeated attacks on Garden Finance's infrastructure.

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Updated 45d ago How this analysis works

Timeline

2025-10-01
Previous breach resulted in $11 million loss
An attacker compromised the operating environment of one of Garden's solvers, leading to significant financial loss.
Article 2
2026-07-26
Blockaid detects ongoing exploit
Blockaid reported an active exploit draining $450,000 from Garden Finance's HTLCs across four blockchains.
Article 1
2026-07-27
Garden Finance disables app
The app was taken offline as a precaution after the exploit was detected, affecting only solver-owned assets.
Article 2

More articles in this cluster (4)

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