Hack history / 2025 / Hack or exploit
Bitget
Hack or exploit on Apr 20, 2025 · Market Maker Bot Exploited
IN REVIEWSOURCES DISAGREE ON DATE OR LOSS · 2 SOURCES
Lost
$100M
sources: $20M to $100M
Returned
none listed
as the sources state it
Rank
#58
among thefts by dollars lost
What happened
Bitget's market-making bot on the VOXEL/USDT futures pair malfunctioned on April 20, 2025, entering a predictable buy-low/sell-high loop. Traders exploited the pattern with high leverage to extract ~$100M before Bitget froze accounts and rolled back trades.
In review: sources disagree on the loss.
Details
- Date
- Apr 20, 2025
- Kind
- Hack or exploit
- Method
- Market Maker Bot Exploited
- How in
- Price, oracle and governance
- Target
- Centralized exchange
- Chains
- not stated
After the theft
- Frozen
- $100M
“Traders exploited the pattern with high leverage to extract ~$100M before Bitget froze accounts and rolled back trades.” (DefiLlama)
Reported by
Related incidents
Cite this page
SwanBluechip, "Bitget hack, Apr 20, 2025: $100M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/htd7ad70d596/ (data as of 2026-10-31).