1.013M USDC Stolen in TranchePool Exploit Connected to Valinor
A recent security breach in TranchePool has resulted in the loss of $1.013M USDC, highlighting vulnerabilities in DeFi platforms.
A recent security breach in TranchePool has resulted in the loss of $1.013M USDC, highlighting vulnerabilities in DeFi platforms. USDC (USDC) is trading at ₹95.13 ($0.9993). This is an original Token Times brief based on reporting by Coinfomania, with live market data added, as of Wed, 28 Oct 2026 07:15:01 UTC.
The exploit underscores the persistent security challenges in DeFi protocols, potentially eroding user trust and highlighting the need for enhanced safeguards.
- 1.013M USDC stolen in TranchePool exploit linked to Valinor.
- USDC market cap remains stable at $71.19B despite the incident.
- DeFi security vulnerabilities are under renewed scrutiny.
A recent security breach in TranchePool, a decentralized finance (DeFi) platform, has resulted in the loss of approximately 1.013 million 
USDC. The incident has been linked to Valinor, though specific details about the exploit or the entities involved remain unclear.
The loss, while significant, has not significantly impacted the broader USDC market. The stablecoin's market cap remains robust at $71.19 billion, with its price holding steady at $0.999363. This suggests that the incident has not yet caused widespread concern among USDC holders.
The exploit highlights ongoing security challenges in the DeFi space. As decentralized platforms continue to grow in popularity, they become attractive targets for hackers. This incident is the latest in a series of high-profile DeFi exploits that have raised questions about the security and reliability of these platforms.
The broader crypto market remains largely unaffected by the incident, with the total market cap at $2.78 trillion and 
Bitcoin up 1.26% in the last 24 hours. The Fear & Greed Index stands at 51, indicating a neutral market sentiment.
The incident underscores the need for improved security measures in the DeFi sector. As these platforms evolve, developers and users alike must remain vigilant to protect against potential threats.
Since this brief published about 2 hours ago, USDC (USDC) has moved from ₹95.14$0.9994 to ₹95.13$0.9993 — -0.01%.
The chart plots USDC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 USDC ≈ ₹100.3 (about $0.9993), down 0.0% over 24 hours. The rupee itself trades about 5.4% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 28, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
1.013M USDC Stolen in TranchePool Exploit Connected to Valin — questions & answers
What is TranchePool?
TranchePool is a decentralized finance (DeFi) platform that offers yield farming and liquidity provision services.
How was the exploit executed?
The specific details of the exploit have not been disclosed, but it resulted in the loss of 1.013 million USDC.
What is the impact on USDC?
The USDC market cap remains stable at $71.19 billion, with the incident having minimal impact on the stablecoin's price.
How much is 1 USDC worth in rupee today?
About ₹100.3 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $0.9993. The rupee price moves with both USDC's US-dollar price and the USDT/INR rate; use our USDC in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Coinfomania. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.