On September 28, according to the official disclosure of Hyperdrive, the security issues encountered by the agreement are currently confirmed to affect only two markets: the Primary USDT0 market and the Treasury USDT market.
To prevent malicious activity, the protocol has temporarily suspended all markets (including interest mechanisms) and suspended all extraction functions. The Hyperdrive team says it is working with top security and forensics experts on the investigation and is working on a patch to address the issue. The team has promised to release a full post-mortem analysis report after the investigation and will provide the next substantive update via the official Twitter and Discord channels within 24 hours.
The team is currently exploring all possible avenues to mitigate the impact on affected users, prioritizing assessing the full impact of the incident and developing a comprehensive remediation plan. Users are advised not to interact with the protocol or send funds to their smart contracts for the time being.
Hyperdrive: This security incident currently only affects the Primary USDT0 market and the Treasury USDT market
2025-09-28 00:35:45
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