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![0xboyee Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1315753716583215104.png) Boyé 💜(✧ᴗ✧) [@0xboyee](/creator/twitter/0xboyee) on x 2279 followers
Created: 2025-07-10 08:15:29 UTC

Yesterday, GMX V1’s GLP pool on Arbitrum got exploited for a fig around $42M; and this is like the 4th huge exploit we’ve seen in recent years. From ;
Ronin that lost about $600m to Wormhole($300m) to multichain ($125m) and now GMX. 

Honestly, these attacks is the reason we need Portal To Bitcoin. And this is because portal doesn’t need oracles, don’t wrap tokens, do not rely on price feeds either. It uses atomic swaps. Check the table below for a quick comparison;

In simple terms; portal isn’t just safer, it’s a whole different model. And here you don’t give up your funds, hence no giant pool to hack.

![](https://pbs.twimg.com/media/Gve2loSW4AAVFBD.jpg)

XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1943222530229010761/c:line.svg)

**Related Topics**
[coins oracle](/topic/coins-oracle)
[$125m](/topic/$125m)
[$300m](/topic/$300m)
[$600m](/topic/$600m)
[$42m](/topic/$42m)
[fig](/topic/fig)
[gmx](/topic/gmx)
[bitcoin](/topic/bitcoin)

[Post Link](https://x.com/0xboyee/status/1943222530229010761)