Crypto Chaos: DNS Hijack Hits Top DEXs, Users in a Panic! 🚨

Well, it looks like the glamorous world of decentralized finance just got a bit more exciting. On Saturday morning-because who doesn’t love an early weekend surprise?-Aerodrome, the colossal beast of a DEX on the Ethereum Layer 2 network Base, decided to throw a tantrum and reported a suspected front-end breach. Yes, folks, the biggest DEX in town had a little “oops” with its front door. Apparently, hackers got a sneak peek into its front-end party, and no, they didn’t send RSVP confirmations. 🎭

When DNS Hijacks Happen: The Web3 Version of ‘Guess Who’s Coming to Dinner?’

Thanks to the magic of DNS hijacks-think of it as a digital marionette pulling the strings-users were suddenly redirected from the real Aerodrome to what can only be described as a counterfeit, shady cousin’s website. Charming, isn’t it? The attack was traced back to a likely snafu with their domain provider, My.box-probably the internet’s version of “are you sure you want to continue?” prompts. Meanwhile, Aerodrome clung to its smart contracts like a life raft, assuring everyone they’re still secure. Phew! 😅

Score one for the bad guys: they managed to spin users around like a carnival ride, but at least the contracts are still standing-unlike the website, which is now potentially a honeypot for hackers. And yes, the problem wasn’t isolated; Velodrome, the sibling on Optimism, is already looking nervous, with its own front-end hijack drama unfolding. Because why should only one DEX get all the hacker love? 🥂

For context, this dĂŠjĂ  vu comes approximately two years-yes, two years-after a similar DNS hijack in November 2023, which saw fortunes roughly totaling $100k slip through the cracks, according to detective ZachXBT. And now, in 2025, we’re back in the same boat, with nearly $400 million locked in Aerodrome’s vault-probably feeling a bit… insecure. Meanwhile, Velodrome holds about $50 million, trying to stay out of the hacking headlines. 😬

The Grand Plan: Aero and Velodrome’s Future Makeover in 2026

Here’s where it gets even more ‘hilarious’: Dromos Labs, the masterminds (or masterminds-in-procrastination) behind the chaos, revealed plans to merge Aerodrome and Velodrome into one shiny new platform called “Aero”. Because nothing says ‘security’ like a consolidated protocol, right? This big reveal involves unifying their tokens into a singular AERO, making everything as streamlined as a fad diet. The grand unveiling is set for 2026, debuting on Ethereum mainnet and Circle’s Arc blockchain-because if you’re going to mess up, might as well do it in style. 🎉

Read More

2025-11-23 22:33