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Home»DeFi»Hyperdrive DEFI hyperliquid loses $ 773,000 in account compromises, funds reduced to the BNB and Ethereum chain
DeFi

Hyperdrive DEFI hyperliquid loses $ 773,000 in account compromises, funds reduced to the BNB and Ethereum chain

September 29, 2025No Comments
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The Hyperdrive DEFI protocol underwent a feat of $ 773,000 with two accounts in its cash ticket market, with stolen funds divided between the BNB chain and Ethereum networks through bridges transfers.

The attack compromised the positions using the Theo Network THBILL as a guarantee, which caused immediate suspension of all monetary markets and withdrawals on the platform.

Certik’s analysis revealed that the attacker has exploited an arbitrary vulnerability of appeal in the router contract, steering wheel 672 934 USDT0 and 110,244 Thbill tokens.

The stolen funds were filled via the Debridge protocol, with around $ 494,000 moved to Ethereum and $ 279,000 to the BNB channel before being consolidated at a single address.

The incident marks the second major security violation targeting the hyperliquid ecosystem within three days, following the hypervault carpet of $ 3.6 million, in which the developers disappeared after having removed all their social media accounts.

The rapid succession of attacks raises concerns about the security posture of projects that are built on the decentralized exchange platform.

Hyperdrive officials confirmed that the feat was limited to the main USD0 and USDT treasure market, without impact on the native medical token of the protocol.

The team has hired security and criminalic experts while exploring remuneration plans for affected users.

The striker has repeatedly exploited a critical flaw in the Hyperdrive router contract which has enabled calls for arbitrary function, thus bypassing normal security restrictions and draining user funds.

Certik’s forensic analysis has identified the specific vulnerability that has enabled the systematic extraction of Thill’s Treasury market funds.

The target feat of accounts occupying positions supported by the invoice tokens of the Treasury of Theo Network, which serve as a guarantee on the Hyperdrive loan markets.

In particular, security experts have hypothesized that the attacker’s methodical approach suggests a high level of knowledge of the internal mechanics of the protocol and the architecture of intelligent contracts.

They noted that the stolen funds were quickly removed from the chain via Debridge, a transverse protocol that facilitates asset transfers between different blockchain networks.

The Hyperdrive team contacted it in the chain, offering a 10% white cart premium in exchange for the return of the remaining funds.

The protocol suspended all market operations and withdrawal functions to prevent additional malicious activity while studying the full range of compromise.

The incident aroused broader security opinions through the hyperliquid ecosystem, while several projects based on the platform are faced with a meticulous examination following the recent wave of exploits and attraction of carpets.

The hyperdrive exploits the pressure of pressure on the hyperliquid following the devastating hypervault carpet draws only 48 hours earlier, where the developers disappeared with 3.6 million dollars after having dropped the stolen ETH in species of tornado.

The scam by Hypervault ignored the first community warnings concerning audit complaints made from respected companies.

Previous security incidents include the handling of March jelly token which cost $ 13.5 million to hyperliquid at $ 13.5 million thanks to artificial price pumping and the operating of the lever -effect position.

The trader “ETH 50X Big Guy” also made a profit of 1.8 million dollars while causing $ 4 million in safe losses.

These attacks occur while Aster Dex questions the domination of the hyperliquid market, dealing with more than $ 13 billion in daily perpetual volume compared to the reduced hyperliquidal activity.

In addition, Aster recently integrated the Wallet Trust, offering 100 million users direct access to perpetual contracts.

Arthur Hayes previously left his planking position for $ 823,000 in profits, citing unlocking of massive tokens worth $ 11.9 billion from November 29.

He recently questioned his subscribers about the reinstatement of the media threw after the token lost 23% in a week to $ 35.50.

Despite the safety challenges, Hyperliquid launched its native Stablecoin USDH on September 24, generating $ 2.2 million in the first volume of negotiation.

The indigenous markets obtained the mandate for the issue of Stablecoin after having defeated the established players, notably Paxos and Ethena Labs, thanks to a vote of competitive governance.

The platform has also activated trading on the media threshing caster / USDH after the three-year engagement of the native markets to take 200,000 braking tokens.

After moving Hayes whales to empty Hayes, quoting problems with the tokenomic supply of media threshing, the DBA Asset Manager offered to cut the total hype diet of 45% to improve the tokenomic. However, criticisms have warned that this could limit the flexibility of future growth.

Read the original history hyperliquid hyperdrive defi loses $ 773,000 in account compromises, from the funds filled with the BNB and Ethereum channel by Anas Hassan in Cryptonews.com



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