
Bunni, a Uniswap v4-based DEX, is closing permanently after a multimillion-dollar exploit left it unable to fund the audits, development, and compliance needed for recovery.
Decentralized exchange Bunni will shut down permanently after an $8.4 million exploit in September targeted its BunniHub smart contracts on Ethereum and Unichain. The team stated that relaunching would require six- to seven-figure investments in audits, monitoring, and months of development, making recovery unfeasible. Withdrawals remain open, and remaining treasury funds will be distributed to BUNNI, LIT, and veBUNNI holders—excluding the team—pending legal review. Bunni has open-sourced its v2 smart contracts under the MIT license and will assist law enforcement in tracking the exploiter.