Bridge entity

QBridge

QBridge was Qubit Finance's Ethereum-to-BNB Chain bridge and cross-chain collateral pathway. It is included because a January 2022 deposit-logic flaw allowed unbacked xETH minting and the withdrawal of roughly $80 million in assets from Qubit lending markets.

dead reviewed current

Bridge facts

Canonical name
QBridge
Type
Asset Bridge
Status
Dead
Confidence
High
Primary chains
Ethereum, BNB Chain
Primary assets
ETH, BNB, WETH, WBTC, USDC, USDT
Operator
Team Mound
Ecosystem
Qubit Finance
Launch date
Unknown
End date
2022-01-28
Terminal reason
QBridge functions were disabled after the exploit, and reviewed reopening announcements covered Qubit lending markets rather than the bridge itself.
Last reviewed
2026-06-14
Last verified
2026-06-14

Incident cases

  • QBridge 2022 zero-value deposit exploit2022-01-27

    In January 2022, a logic flaw in QBridge allowed an attacker to submit deposit calls without transferring ETH, mint unbacked xETH on BNB Chain, and use that collateral to withdraw roughly $80 million from Qubit markets.

    Exploit$80 million stolen; $90.8 million later damage estimateUnresolved

Evidence records

Official URL status

Official URL recorded as live: https://qbt.fi/