Avici has reported an exploit that drained funds from specific user card balances. According to the company, 1,685 user accounts were affected. On August 29, 2026, Avici announced that everyone impacted will get a full refund. Following the incident, the project's token crashed by 28%.

What Happened

Avici confirmed the exploit, pointing to unauthorized withdrawals from certain user card balances. The team said they're committed to fully reimbursing everyone whose funds were hit.

What Caused the Incident

Avici says the root cause was a vulnerability in a version of their Solana card contract. Both Avici and several other programs were using this version, which allowed attackers to drain funds from affected balances.

Refund Plan

The company stated that all affected users will be made whole. Their message made it clear: “All affected card balances will be refunded in full.”

Market Reaction

News of the exploit sent the Avici token tumbling 28%. The article doesn't provide more details on the total losses or the team's next steps.