CrediX, a decentralized money market protocol, successfully recovered $4.5 million in stolen crypto following an exploit on July 28, 2025.
Asset Recovery
CrediX returned $4.5 million in cryptocurrency through successful negotiations. The recovery to users was completed just 48 hours after the incident.
Recovery Methods
The recovery involved CrediX, the unidentified attacker, and security firms. These firms played a key role in monitoring and tracking the breach and stolen funds. A portion of funds was compensated through CrediX's treasury as part of the negotiations.
Community Response and Consequences
The community responded positively to the prompt recovery of funds, enhancing trust in the CrediX protocol. However, concerns about role security persist. "All user funds will be fully restored within 24-48 hours" - sources report.
CrediX's response establishes a precedent within decentralized finance, as only 20% of hacked projects fully recover their assets. The incident highlights the importance of transparency and swift crisis response.
