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Difference between revisions of "Saddle Finance"
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On the 30th of April 2022, [[Peckshield]] twitter account reported an ongoing exploit against the protocol.<ref>https://twitter.com/peckshield/status/1520317251265564672</ref> The Saddle team replied about an hour later by disabling withdrawals and confirming they were investigating the exploit<ref>https://twitter.com/saddlefinance/status/1520329884526170116</ref>. | On the 30th of April 2022, [[Peckshield]] twitter account reported an ongoing exploit against the protocol.<ref>https://twitter.com/peckshield/status/1520317251265564672</ref> The Saddle team replied about an hour later by disabling withdrawals and confirming they were investigating the exploit<ref>https://twitter.com/saddlefinance/status/1520329884526170116</ref>. | ||
Saddle Finance TVL fell from $320m to less $100m after withdrawals were enabled.<ref>https://defillama.com/protocol/saddle-finance</ref> | Saddle Finance TVL fell from $320m to less $100m after withdrawals were enabled.<ref>https://defillama.com/protocol/saddle-finance</ref> The team later announced that the sUSDv2 metapool was affected by the bug which caused the loss<ref>https://twitter.com/saddlefinance/status/1520463293177028608</ref>. | ||
== Sources == | == Sources == | ||
<references /> | <references /> | ||
[[Category:Protocols]] | [[Category:Protocols]] | ||