Quick Takeaways
- Hackers drained $2.3 million from the Bunni protocol.
- Money in the USDC and USDT stablecoins was stolen.
- Bunni users are being urged to pull their funds immediately.
The Bunni Exploit: What Just Happened?
If you’ve been using Bunni lately, you’re going to want to check your wallet fast.
Earlier today, the Bunni exploit made headlines after hackers drained around $2.3 million from the decentralized exchange (DEX).
The attack targeted Bunni’s Ethereum-based smart contracts, and the stolen funds, mostly USDC and USDT, were moved into a wallet now holding over $2 million.
Bunni, which runs on Uniswap V4, is known for helping liquidity providers earn better returns through smart features like adaptive pools and incentive tokens.
But even with that tech under the hood, the exploit shows just how quickly things can go sideways in DeFi. Shortly after the breach, Bunni posted on X, confirming the situation:
The Bunni app has been found to have a security vulnerability. We have put all smart contract operations on all networks on hold as a precaution. Our staff is looking into this right now and will provide an update shortly.
Bunni Exploit Leaves Users on High Alert
Once news of the Bunni exploit broke, the community didn’t wait around.
One of Bunni’s own contributors, @Psaul26ix, jumped on X with a clear warning:
“Get your money out of [Bunni] right away.”
That message pretty much sums up the urgency.
While Bunni has paused its smart contracts for now, the fact that the exploit was successful and that over $2 million is already gone has left a lot of users feeling exposed.
We still don’t have all the technical details, but it’s clear the attack came through vulnerabilities in Bunni’s smart contract system. And like so many other DeFi hacks, it happened fast and without much warning.
Why This Bunni Exploit Hits Hard
So, why does this one sting more than usual?
Because Bunni isn’t a low-level project it’s built on Uniswap V4, one of the most respected systems in DeFi.
It also brought new features designed to help users earn more while doing less. That promise of smarter DeFi drew in a lot of attention, and clearly, a lot of capital.
But with innovation comes risk. And in this case, it seems the attackers were one step ahead. The Bunni exploit is a reminder that even the most promising platforms aren’t immune to flaws. As the saying goes: if it’s on-chain, it’s at risk.
Here’s What You Should Do Right Now
If you’ve interacted with Bunni recently or even just approved token access don’t wait. Here’s a quick checklist:
Withdraw any funds still sitting on Bunni.
Use Revoke. cash to remove token approvals connected to Bunni’s contracts.
Follow Bunni’s official X account for updates.
Even if you are not directly affected, see the opportunity to do a quick Defi security check. These types of incidents are becoming very common.
What’s Next for Bunni and Its Users?
Right now, the Bunni team is investigating. So far, there’s no word on compensation, refunds, or a full post-mortem report.
Understandably, many users are frustrated, especially those who lost funds or had money locked up during the pause.
The DeFi community is hoping for transparency, but until we hear more from the Bunni devs, the future is unclear. That said, how the team handles the Bunni exploit from here could decide whether the platform recovers… or fades away.
