β‘οΈ Storm Trade faced a sophisticated targeted attack β and held the line
We regularly see headlines about DeFi protocols getting hit (
@DriftProtocol,
@KelpDAO and others): losing millions, users losing funds, projects shutting down. Thatβs exactly why security has always been one of the core priorities behind Storm Trade.
Yesterday, April 21, Stormβs infrastructure was targeted by a large-scale coordinated attack. The attacker compromised part of the infrastructure services, including the oracle subsystem, and attempted to manipulate asset prices.
The objective was clear β to drain funds from the protocol as quickly as possible. This is the exact scenario that has impacted dozens of projects across the industry.
However, Storm Trade was prepared for this.
Our monitoring systems detected abnormal activity at an early stage, and the team immediately paused the protocol before the attack could cause significant damage.
Confirmed damage is less than 2,000 TON (under 0.03% of TVL).
For context, similar attacks in the market have led to losses ranging from hundreds of thousands to hundreds of millions of dollars. In our case, a multi-layered security architecture allowed us to contain the incident with minimal impact, fully covered by internal buffers.
What you need to know now:
Your funds are safe and protected by multisig.
β’ The TON Foundation has been notified, and next steps are being coordinated jointly.
β’ Withdrawals from vaults and unstaking are temporarily available via SDK (a user-friendly UI is already in development).
β’ Funds in open positions remain within the protocol and are fully protected. We will provide a transparent mechanism for returning them to users.
β’ The protocol will resume operations after a full incident investigation, an independent security audit, and a complete infrastructure rebuild.
Whatβs next: Today, the entire team is focused on one thing β bringing Storm back stronger, more resilient, and more secure than ever.
This incident proved the most important point: Storm Trade withstood a serious attack and validated the effectiveness of its multi-layered security system, combining technical safeguards, economic constraints, and real-time monitoring.
Thank you to everyone who stays with us.
Your Storm Trade team β‘οΈ