The DEXX platform suffered a significant breach due to the exploitation of a ZenTao vulnerability, leading to a $30 million loss and impacting over 8,000 Solana addresses.
DEXX Hack and ZenTao Exploitation
The attack on the DEXX platform occurred on March 26, 2025, when attackers exploited a vulnerability in ZenTao. According to SlowMist's Yu Xian, this allowed for the compromise of the platform's production networks and databases. The incident underscores key security management challenges in the blockchain ecosystem.
Financial Fallout and User Losses
The attack resulted in $30 million losses, affecting 8,612 Solana addresses. Most users lost less than $10,000, but one lost $1 million. These financial losses highlight vulnerabilities in Solana's wallet architecture. Shocked users demand stronger security measures on DeFi platforms to restore market confidence.
Solana Network's Historical Breaches
The DEXX hack is one of the largest incidents in Solana network history, surpassing the 2024 exploit with $6 million losses affecting over 8,000 wallets. As of March 26, 2025, CoinMarketCap data shows Solana's (SOL) price at $144.94, with a market cap of $74.13 billion and 2.56% dominance. The 24-hour trading volume was $3.40 billion, with a price change of 1.87% over 24 hours and 12.69% over seven days. The Coincu research team identifies ongoing security improvements as key to reducing systemic vulnerabilities and bolstering user confidence.
The DEXX breach through the ZenTao vulnerability posed a significant challenge to the blockchain ecosystem's security structure. The need for improving security measures remains a pressing task to prevent similar incidents in the future.
