Bunni DEX Shuts Down Over $8.4M Exploit, Costly Recovery Road
Bunni DEX is permanently shutting down due to the prohibitive costs of recovering from an $8.4 million exploit.Summary
Bunni, a decentralized exchange (DEX) built on Uniswap v4, announced its permanent closure two months after an exploit drained approximately $8.4 million in crypto assets. The team stated on X that the capital required to securely relaunch the protocol—estimated to be in the "6-7 figures" for audits and monitoring alone—is beyond their current resources. They also cited the months of development and business development effort needed to restore the platform as unaffordable. The September attack targeted BunniHub across Ethereum and Unichain. Bunni will keep withdrawals open temporarily and plans to distribute remaining treasury funds to token holders, excluding the team, pending legal review. Furthermore, the team has open-sourced its v2 smart contracts under the MIT license for community use and will continue working with law enforcement to track the exploiter.
(Source：CoinDesk)