A NullMeridian record Andromeda Logs

NullMeridianLog

12–13 Aug 2025

Odin.fun: Liquidity AMM Update Exploited for 58.2 BTC

Odin.fun: mid-Aug 2025 a vulnerability in its latest liquidity AMM update was exploited. Cofounder said 58.2 BTC lost; remaining platform funds safe; operations paused.

  • Event date
  • Incident typeSmart-contract exploit
  • Bug classNot yet published
  • Published

Loss, as sourced

58.2 BTC, per Odin.fun cofounder statement as quoted by outlets citing the project.

Traceability

Primary sources

  1. 01x.comOdin.fun project channel (opens in a new tab)

In brief

Root cause: Per cofounder: major vulnerability in the latest liquidity AMM update.

Timeline, as sourced: Mid-Aug 2025; operations halted; recovery outreach reported.

Account, as sourced

Claimed (Odin.fun cofounder, quoted): 58.2 BTC lost; auditors and US law enforcement engaged.

Summaries of public sources as of the published date; except where marked (on-chain), not independently verified by NullMeridian. Figures are the sources’ own and are attributed; where sources disagree, each is given. Sources may since have changed. Not legal, financial or investment advice.

Permalinkhttps://andromeda.observer/e/odinfun-liquidity-amm-2025