Allbridge Flash Loan Exploit Forces Protocol Pause

A $1.65 million flash loan drained Allbridge stablecoin pools on Solana on July 20 2026. Allbridge Core immediately suspended all cross-chain operations

Dipendra Singh

— 1 min read
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Allbridge Flash Loan Exploit Forces Protocol Pause

Hero: A digital visualization of blockchain bridges connecting multiple networks with data flowing between them, overlaid by red warning icons on Solana pools

Summary

  • A $1.65 million flash loan drained Allbridge stablecoin pools on Solana on July 20 2026.
  • Allbridge Core immediately suspended all cross-chain operations following the attack.
  • Funds were bridged out to Ethereum, complicating any near-term recovery.

Hackers hit Allbridge stablecoin pools on Solana with a Kamino flash loan on July 20 2026. They drained $1.65 million in one transaction. Allbridge paused every cross-chain operation the same day.

The move came fast. Losses stacked up right away.

Context

Cross-chain bridges sit on large liquidity pools across networks. Attackers keep testing them. Multiple incidents already hit Solana DeFi this month.

Allbridge followed a July 15 attack on TeleSwap. That breach cost roughly $735,000 and froze its Bitcoin hot wallet.

These repeated breaches show how bridges still

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