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Hack history / 2026 / Hack or exploit

Step Finance

Hack or exploit on Jan 31, 2026 · Private Key Compromised

SOURCES DISAGREE ON DATE OR LOSS · 4 SOURCES
Lost
$40M
sources: $28.7M to $40M
Returned
none listed
as the sources state it
Rank
#123
among thefts by dollars lost

What happened

On January 31, 2026, Step Finance suffered a $40 million operational loss when attackers compromised executive team devices, gaining unauthorized access to treasury and fee wallet signing keys/credentials. The protocol had no smart contract vulnerabilities.

Details

Date
Jan 31, 2026
Kind
Hack or exploit
Method
Private Key Compromised
How in
Keys, accounts and infrastructure
Target
DeFi protocol
Chains
Solana

After the theft

Recovered or seized
$3.7M
“While certain operations were temporarily suspended during this period, the team has successfully recovered approximately $3.7 million in Remora assets and $1 million in other positions.” (SlowMist Hacked)

Reported by

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Cite this pageSwanBluechip, "Step Finance hack, Jan 31, 2026: $40M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/hte88e32dce5/ (data as of 2026-11-01).
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