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Home Crypto News Today Security & Hacks

Uniswap V4 Router04 Exploited: $42,100 Drained in On-Chain Attack

Uniswap V4 Router04 contract has resulted in a $42,100 theft on the Ethereum network. The exploit targeted permissions within the z0r0z.eth deployed contract, successfully draining assets from a victim’s wallet.

Saravana Kumar Mahendran by Saravana Kumar Mahendran
March 3, 2026
in Security & Hacks
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Uniswap V4 Router04 Exploited
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An exploit in the Uniswap V4 Router04 contract on the Ethereum network has resulted in a loss of approximately $42,100. The breach, which involved a contract deployed by z0r0z.eth, has raised immediate concerns regarding the safety of experimental routing logic in the Uniswap V4 ecosystem. According to blockchain data, a specific vulnerability within the Router04 contract allowed unauthorized access to the victim’s funds, highlighting the inherent risks associated with early-stage “Hooks” and custom routers on the mainnet.

Uniswap V4 Router04 Exploited
Uniswap V4 Router04 Exploited

Attack Details (On-Chain Data):

Metric Details
Victim Address 0x65A8F07Bd9A8598E1b5B6C0a88F4779DBC077675
Network Ethereum Mainnet (ETH)
Assets Stolen ~21.19 ETH and USDC stablecoins
Estimated Loss $42,100 USD
Transaction Hash 0xfe34c4beee447de536bbd3d613aa0e3aa7eeb63832e9453e4ef3999924ab466a

Technical Deep Dive: How the Exploit Occurred

Security researchers believe the exploit was made possible through a flaw in how the Router04 contract handles user permissions and interactions with the Uniswap V4 Pool Manager.

  • Approval Exploitation: The victim had previously granted the Router04 contract permission (approval) to spend their tokens for swaps. In a standard scenario, the contract only moves funds as part of a legitimate user-initiated trade. However, the attacker identified a logical flaw that allowed them to “trigger” the contract into moving the victim’s funds to an external address controlled by the hacker.

  • Logical Call Flaw: Preliminary analysis suggests the router failed to properly validate the caller’s identity during specific function executions. By injecting a malicious “call,” the attacker tricked the router into thinking it was executing a valid swap, while it was actually draining the user’s wallet.

  • V4 Hook Complexity: The introduction of “Hooks” in Uniswap V4 allows for highly customizable trades, but it also increases the attack surface. In this instance, the interaction between the router’s logic and the pool’s state seems to have lacked the necessary “guardrails” to prevent unauthorized fund withdrawals.

A Crucial Lesson in “Security Hygiene”

This incident serves as a stark reminder of the dangers of “Unlimited Approvals.” In the DeFi world, most users grant contracts permission to spend an infinite amount of a specific token to simplify future trades. However, if that contract—or a router connected to it is compromised, hackers can drain every token associated with that approval.

To mitigate such risks, technical experts recommend a “Limited Approval” approach: only granting permission for the exact amount of a single transaction. Furthermore, users are urged to use tools like Revoke.cash or Etherscan’s approval checker to regularly clear out old or unnecessary permissions, ensuring that even if a contract is exploited in the future, their assets remain out of reach.

This exploit is part of a growing trend of DeFi vulnerabilities; for instance, the February 2026 crypto security report highlights that over $23 million was lost across various incidents last month alone. Staying informed about these recurring threats is the first step toward maintaining a secure on-chain presence.

Disclaimer: Cryip's content is strictly for educational and informational purposes and does not constitute financial, legal, or investment advice. Cryptocurrency involves significant risk, and readers assume full responsibility for their own financial decisions. Asset references are never endorsements.

To make complex crypto topics accessible to readers at all experience levels, our team uses AI tools strictly to refine language, correct grammar, and simplify terminology. AI is never used to draft facts, source information, or form conclusions. Every article is fact-checked and approved by a human editor before publication. Read our full AI Use & Content Policy.

Tags: Crypto Hacks
Saravana Kumar Mahendran

Saravana Kumar Mahendran

Saravana Kumar Mahendran is a crypto security analyst and blockchain researcher at Cryip, focusing on DeFi protocol exploits, Web3 security systems, and on-chain investigation. His research applies OSINT and fact-checking methodology to security incidents, drawing on certifications in cybersecurity and data analytics (LinkedIn Learning), and DeFi deep-dive training (Binance Academy). His work has been cited by Sherlock, Rekt.news, and Halborn Security.

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