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Fluid loses $215K in exploit of reward distribution system

June 01, 2026, 9:31 AM
DeFi project Fluid has lost approximately $215,000 after its Ethereum reward distribution system was exploited, according to DeFi risk intelligence platform BlackHart. The attacker reportedly gained control of two operational keys used to create and approve reward lists. They then registered and approved a list that distributed rewards solely to their own address and claimed the funds. The incident has been attributed to the compromised keys rather than a smart contract vulnerability. The stolen assets included 112,883 FLUID, 47,903 GHO, and a small amount of cbBTC, which were subsequently swapped for ETH and transferred via Tornado Cash. Fluid stated that its lending markets, vaults, DEX, and user deposits were not affected. The project has since replaced the compromised keys and moved the remaining reward funds to a secure address.

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