What is Bridge Exploit?
A bridge exploit is a security breach of a cross-chain bridge protocol — typically resulting in the theft of locked assets that back wrapped tokens on the destination chain.
WHY IT MATTERS
Bridge exploits are the most costly category of DeFi attacks. Bridges hold enormous concentrated value (all locked assets backing cross-chain tokens), have complex multi-chain attack surfaces, and a single vulnerability can drain everything.
Notable exploits: Ronin Bridge ($624M), Wormhole ($320M), Nomad ($190M), Harmony Bridge ($100M). Each had different root causes — validator key compromise, signature verification bugs, and configuration errors.
The fundamental challenge: verifying state across different consensus systems is hard. Every bridge makes trust assumptions that create potential attack vectors.