Bunni, a decentralized exchange (DEX) built on Uniswap v4, said it will close permanently two months after an exploit drained some $8.4 million in crypto and left the team without the resources to recover.

In a post on X, the team behind Bunni said the cost to securely relaunch the protocol would run into “6-7 figures” for audits and monitoring alone, capital the team no longer has.

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