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Matcha Meta

avoid.net/matcha-meta→28/100·82% conf.
[AI-DRAFTED · AWAITING FACT-CHECK]

Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.

anchored·TZbgFE…TcUe
last updated 2026-07-25

Summary

Matcha Meta is a DEX meta-aggregator built on the 0x protocol by 0x Labs, launched in 2020, that routes trades across 140+ DEXs on 10+ blockchains. On January 25, 2026, a vulnerability in the SwapNet routing module — an integrated third-party liquidity provider — was exploited via an arbitrary external call flaw, draining open token allowances from users who had disabled the platform's default One-Time Approval feature. PeckShield reported initial losses of approximately $16.8M; Matcha Meta's post-mortem confirmed $13.43M in net losses across 20 affected users, with the balance attributable to a separate, concurrent $3.4M Aperture Finance exploit. Users with persistent approvals to SwapNet contracts face ongoing residual exposure until those allowances are revoked.

Connected Entities

6 entities · 60 linked investigations
Organizations
□Matcha62□Ethereum64□Arbitrum□Binance□Base□Matcha Meta
Relationships
  • Binance→mentioned with→Ethereum(65%)
  • Matcha→mentioned with→Binance(65%)
  • Matcha→mentioned with→Matcha Meta(80%)
  • Arbitrum→mentioned with→Binance(65%)
  • Matcha→mentioned with→Arbitrum(60%)
  • Matcha→mentioned with→Ethereum(80%)
  • Matcha→mentioned with→Base(70%)
  • Matcha Meta→mentioned with→Binance(60%)
  • Matcha Meta→mentioned with→Arbitrum(65%)
  • Matcha Meta→mentioned with→Matcha(70%)
  • + 4 more
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Timeline(6 events)

April 2020

Matcha launched by 0x Labs as a DEX aggregator interface, aggregating liquidity across multiple DEXs on Ethereum.

0x Labs / matcha.xyz official

25 January 2026

SwapNet router contract exploit begins at approximately 5:10 PM London time. Attacker exploits arbitrary call vulnerability in function 0x87395540() to drain open token allowances from users who disabled One-Time Approvals. Approximately $10.5M USDC swapped for ~3,655 ETH on Base network.

PeckShieldAlert on X; Matcha Meta post-mortem

25 January 2026

At approximately 9:47 PM London time, Matcha Meta publicly acknowledges the security incident on X, urging users to revoke approvals to SwapNet contracts. PeckShield reports $16.8M in losses.

PeckShieldAlert on X; DL News

25 January 2026

Aperture Finance, a separate multi-chain liquidity protocol, also suffers an exploit using a functionally identical arbitrary-call vulnerability on the same date, accounting for an additional ~$3.4-3.67M in losses tracked within the broader $16.8M PeckShield estimate.

Cryptopolitan; BlockSec Blog

26 January 2026

Matcha Meta publishes official post-mortem confirming $13.43M in net SwapNet-specific losses across 20 users, exonerating 0x core contracts. Protocol permanently removes the direct allowance option from its interface.

Matcha Meta SwapNet Incident Post Mortem

5 February 2026

Aperture Finance separately confirms $3.67M in losses from the January 25 exploit, corroborating the concurrent nature of the two incidents.

BeInCrypto; BlockSec Blog
Provenance & Audit Trail

Decision Log

  • #1publishRecorded on Solana ✓5/26/2026, 7:42:40 PM
    slot 422349703 · hash 8RPJn8gAC4XACNWWM86JPAtvagbU6gESaDe1NA4K6iDL

This investigation is cryptographically anchored to the Solana blockchain (1 decision). 13 of 14 cited source URLs have an Internet Archive snapshot.

model: claude-sonnet-4-6

generated: 5/26/2026, 7:42:36 PM

last updated: 7/25/2026, 10:30:03 AM

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