Exploit
Yearn Finance confirmed a breach of a custom yETH stableswap pool that resulted in about $9 million in losses. The protocol recovered roughly $2.39 million in pxETH and the incident highlights ongoing security risks in custom DeFi pools.
Yearn Finance reported on Sunday that its yETH product was under active exploit after an attacker minted an effectively unlimited amount of yETH and siphoned liquidity from Balancer pools. The protocol has reported the incident but a full loss estimate has not been disclosed.
Balancer DAO is weighing an $8 million recovery package after a $110 million exploit that has halved the protocol's TVL; recovered tokens will be returned in the original assets and a claim mechanism is being built.
An anonymous trader reportedly burned $3 million in a coordinated scheme that forced roughly $5 million in losses at the Hyperliquid protocol, using $26 million in POPCAT positions and a fake $20 million buy wall to manipulate liquidations.
A coordinated attack on Hyperliquid's Hyperliquidity Provider (HLP) vault drained nearly $5M, with the attacker reportedly burning $3M as part of the exploit. The incident heightens DeFi derivatives security concerns and puts pressure on HYPE token holders.
Hyperliquid reportedly suffered a $4.9 million loss after a whale-driven manipulation of the POPCAT memecoin triggered liquidations in the platform's liquidity pool. The event underscores memecoin volatility risks for HYPE liquidity providers.
Berachain Foundation says almost all funds lost in last week's Balancer-linked exploit have been recovered and shared a roadmap for reimbursing affected users. The update, posted on X, outlines next steps and the timeline for reimbursements.
Berachain Foundation says nearly all funds lost in last week’s Balancer exploit have been recovered and a structured reimbursement program for affected users has been announced. The update outlines steps, timelines, and security measures to restore confidence in BERA and the protocol.