DeFi platform TrustedVolumes has fallen victim to a $6.7 million hack, marking another significant attack in the decentralized finance sector. The breach occurred on Thursday night when a vulnerability in TrustedVolumes' smart contract allowed an attacker to bypass authorization checks and forge trading orders. The hacker exploited a flaw in the platform's custom RFQ swap proxy, enabling them to register as an authorized order signer and drain assets including Wrapped Ethereum, Wrapped Bitcoin, and USDT. The stolen funds were quickly converted to 2.513 ETH and distributed across three addresses. This incident follows a series of high-profile DeFi exploits, with blockchain security firms reporting a 1,140% increase in hacks from March to April 2026. TrustedVolumes, a liquidity provider for 1inch, confirmed the attack and expressed willingness to negotiate a bug bounty for the return of funds. The same hacker was previously responsible for a $5 million exploit on the 1inch Fusion V1 Settlement contract in 2025. Despite the breach, 1inch clarified that its systems and user funds remain unaffected.