Futureswap Suffers $395K Loss from Exploit on Arbitrum
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 11 2026- Hack Incident: Decentralized leverage trading platform Futureswap has reportedly lost approximately $395,000 due to an exploit on the Arbitrum network, exacerbating the security concerns surrounding DeFi protocols early in 2026.
- Attack Methodology: Analysis by blockchain security firm BlockSec indicates that the attacker drained funds through multiple changePosition operations, revealing vulnerabilities in the contract's stable balance accounting that require further investigation to identify the root cause.
- Lack of Security Response: BlockSec attempted to reach out to the Futureswap team for more information but received no response by the time of publication, highlighting a potential communication gap that could undermine user trust in the project.
- Industry Trend Warning: The Arbitrum network has experienced multiple attacks in early 2026, including incidents involving TMX Tribe and IPOR Fusion, indicating that high-liquidity ecosystems are prime targets for attackers, necessitating enhanced security measures across the industry to combat ongoing threats.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
