AFX Trade: $24M Drained from Arbitrum Perp DEX

Arbitrum Perp DEX AFX Trade suffered a $24M drain in a targeted exploit, leading operators to offer the attacker 30% as incentive for fund return. The incident fits patterns of Arbitrum DEX exploits and white-hat negotiations history and AFX Trade perp DEX security incidents that have tested Ethereum L2 infrastructure built on optimistic rollups for speed and cost efficiency over the past year.