Events

Step Finance will wind down its Solana-focused services, including SolanaFloor and Remora Markets, after a January 2026 wallet breach that siphoned as much as $40 million. Attempts to raise funds or secure an acquisition failed, leaving no viable route to recovery.

A January exploit that reportedly took $26M–$40M from Solana DeFi aggregator Step Finance crippled its finances and forced the closure of Step Finance, SolanaFloor and related platforms, highlighting the susceptibility of Solana-based DeFi projects to security breaches and resulting financial instability.

Solana-based DeFi Step Finance experienced a security breach that compromised several treasury wallets, with attackers stealing about $30M in SOL. The exploit sent the STEP governance token down 60–80%, raising security concerns and prompting an investigation across the Solana and broader crypto ecosystem.