Garden Finance said no user funds or smart contracts were affected after an attacker compromised an independent solver’s off-chain database and inserted fraudulent swap records.
[Updated July 27, 2026, 2:16 UTC: Revised to reflect clarifications from a Garden Finance spokesperson.]
Garden Finance said an independent solver’s off-chain database was compromised in an incident that prompted the cross-chain bridge and atomic swap protocol to temporarily take its app offline.
On Sunday, Blockaid said an attacker drained about $450,000 in USDT from Garden’s hash time-locked contracts (HTLC) on Ethereum, Base, Arbitrum and BNB Smart Chain. HTLCs are time-bound escrow contracts that Garden uses to facilitate atomic swaps between Bitcoin and assets on other networks. Blockaid described the exploit as ongoing and published addresses linked to the attacker and affected contracts.
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