Hyperdrive: thBILL has suspended all currency markets after two account positions were attacked and will conduct an investigation

ChainCatcher news, according to official sources, the Hyperliquid ecosystem DeFi protocol Hyperdrive has reported that two account positions in the thBILL market have been attacked. As a precaution, Hyperdrive has suspended all currency markets and will conduct further investigations. This issue will not affect the HYPED token.

ChainCatcher previously reported, according to crypto KOL @CryptoNyaRu, the Hyperliquid ecosystem DeFi protocol Hyperdrive was attacked due to users setting the Router as the Operator during the lending process, but the Router can execute Calls on any contract within the whitelist, and the Market contract is on the whitelist, allowing third-party addresses to manipulate user positions through the Router. The relevant contract addresses are Router (0x8D9e…) and Market (0xa522…). There have been instances of trading exploiting this, involving user asset security.

Additionally, Twitter user @xhanTululu has monitored that the Hyperliquid ecosystem DeFi protocol Hyperdrive is suspected to have been attacked, resulting in losses of approximately $700,000. Currently, the project team has not responded.