Arbitrum DEX Futureswap Hit by Suspected $400K Hack
Futureswap, a decentralized leverage trading platform built on Arbitrum, has reportedly suffered a suspected exploit that drained roughly $395,000, security firm BlockSec said. The protocol’s team has not yet published a full postmortem, but on-chain analysis points to an exploit targeting the DEX’s leverage or margin mechanisms.
This incident underscores growing scrutiny of Arbitrum-based DeFi projects after several security events in early 2026; even mid-sized losses can ripple through liquidity and user confidence in leveraged products. For traders and liquidity providers, the case highlights persistent smart-contract risk and the need for timely audits and active monitoring.
Investigations are ongoing and funds remain traceable on-chain, per BlockSec’s initial report. Users should watch for official updates from Futureswap and forensic reports from security firms to determine root cause and any potential recovery or mitigation steps.