HIGH RISK
$13.43 Million Stolen From Matcha Meta Users In SwapNet Exploit
Some users of Matcha Meta, a decentralized exchange aggregator on the Base blockchain, suffered losses after a thief exploited a vulnerability in its SwapNet integration. SwapNet is another DEX aggreg
Our Analysis
Some users of Matcha Meta, a decentralized exchange aggregator on the Base blockchain, suffered losses after a thief exploited a vulnerability in its SwapNet integration. SwapNet is another DEX aggregator that integrates with Matcha Meta, and Matcha blamed a vulnerability in their smart contracts that enabled a thief to steal assets transferred via the integration.Most of the lost funds came from a single user, who lost $13.34 million in assets.
Other users lost a combined $90,000. "SwapNet Incident Post Mortem"
, Matcha Meta
This incident underscores ongoing security challenges in the cryptocurrency space. Investors and users are advised to exercise heightened caution and verify all claims independently. RugPull News will continue monitoring this situation for further developments.
Web3 Is Going Great • January 27, 2026
Rug Pull Score
6.8/10
Based on our analysis
🚩 Red Flags Identified
- Funds compromised: $13.43 million
- Security exploit identified
- Security vulnerability identified
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research before making investment decisions.
