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Crypto hackers lift $42m from GMX’s Arbitrum liquidity pool in broad daylight

Brian Danga
July 9, 2025
crypto-hackers-lift-$42m-from-gmx’s-arbitrum-liquidity-pool-in-broad-daylight
Crypto hackers lift $42m from GMX’s Arbitrum liquidity pool in broad daylight
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Despite layers of scrutiny, GMX’s V1 GLP pool was hacked for over $40 million in a brazen exploit. With leverage functions now frozen, traders are left wondering: How did audited contracts crack? And what does this mean for DeFi’s perpetual…

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