Truebit Protocol Hack Triggers Record DEX Fees Amid a 100% TRU Dump

2026-01-09 18:23:20

Source: CoinEdition Original Title: Truebit Protocol Hack Triggers Record Uniswap Fees Amid a 100% TRU Dump Original Link:

A certain DEX’s daily fee revenue surged to $1.4M catalyzed by the Truebit Protocol hack.
Truebit Protocol lost 8.5K ETH (~$26.6M) in a hack, crashing the TRU price 100%.
The DEX recorded around $1 trillion in trading volume last year, with the trend expected in 2026.

The certain DEX (UNI) daily fee revenue surged to a record $1.4 million, catalyzed by the Truebit Protocol (TRU) hack. The daily average trading activity for TRU surged by over 43% to $83k, according to market data, thus contributing nearly 90% of the DEX’s record fee revenue.

DEX Daily Revenue Spikes on Truebit Hack

According to onchain security researchers, Truebit Protocol was attacked and 8.5K Ethereum (ETH), valued at around $26.6 million, was stolen from its liquidity pool. Following the attack, investors’ confidence in the Truebit Protocol crashed, leading to a 100% dump in the TRU price over the past 24 hours.

The exploiter transferred the stolen funds (8.5K ETH) to 2 different addresses. Notably, the same exploiter attacked another protocol approximately 12 days ago, obtaining 5 ETH.

With the TRU token heavily traded on the DEX across multiple pairs, the platform benefited significantly from investors’ stampedes to sell this altcoin. According to market data analysis, the DEX collected about $1.3 million in daily fees from the TRU token, even higher than Wrapped ETH (WETH) and Tether USDT.

Currently, the Truebit Protocol team is still investigating the attack in collaboration with law enforcement, as the attacker holds the stolen funds in two different wallets.

What’s Next?

The DEX protocol has significantly benefited from the rising adoption of digital assets. Last year, the DEX reported around $1 trillion in trading volume, an exponential gain from below $250 billion during Q1 2025. The protocol is well-positioned for 2026, with rising altcoin adoption and anticipated regulatory clarity set to boost trading and revenue.

The Truebit attack highlights ongoing risks in DeFi protocols. While the DEX saw a notable increase in fee revenue due to high TRU trading volume, investors in TRU experienced significant losses. Both retail and institutional participants should continue to monitor protocol security and adopt risk management practices.

TRU-0,3%

UNI0,27%

ETH0,35%

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