Exchange record
Rhea Finance
NEAR-based DeFi hub combining DEX and lending functionality, formed from the Ref Finance / Burrow Finance lineage. In April 2026 it suffered a large exploit and withdrawal halt, with reported loss estimates ranging from USD 7.6 million to USD 18.4 million depending on the source and recovery accounting.
Key facts
URL handling
Summary
NEAR-based DeFi hub combining DEX and lending functionality, formed from the Ref Finance / Burrow Finance lineage. In April 2026 it suffered a large exploit and withdrawal halt, with reported loss estimates ranging from USD 7.6 million to USD 18.4 million depending on the source and recovery accounting.
Timeline
Rhea Finance suffered an exploit involving fake tokens, liquidity-pool manipulation, and oracle / validation or slippage-protection weakness; early reports estimated USD 7.6 million stolen, while later analysis described USD 18.4 million before recovery or freezes.
Reporting stated that withdrawals were halted while the Rhea team worked to contain further damage after the exploit.