NEAR Intents says full $3.8 million exploit proceeds were returned before deadline

  • NEAR Intents said it recovered the full $3.8 million taken in the exploit.
  • A Bitcoin return address received 34.59 BTC, valued at about $2.95 million.
  • NEAR Intents stopped its investigation after the October 2 fund return.

NEAR Intents General Manager Alex Shevchenko said the full $3.8 million taken in the exploit was returned on October 2, 2026, before an October 4 deadline set for the alleged exploiter. The protocol stopped its investigation after the recovery. NEAR Intents had pledged to fully compensate affected users following the October 1 incident, but Shevchenko did not say whether those payments had been made. The protocol said the exploit involved a flaw in its Omni deposit and withdrawal infrastructure's interaction with a smart contract and was limited to USDT on BNB Smart Chain. NEAR co-founder Illia Polosukhin said the NEAR token, core protocol and other network applications were unaffected. NEAR Intents, which lets users specify desired trade outcomes for independent solvers to execute, has reportedly processed more than $30 billion across 35 blockchains.

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