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Security Incident · Solana Ecosystem

Loopscale Smart Contract Vulnerability

·Source-attributed incident record

Incident Overview

In early November 2026, Solana lending protocol Loopscale faced a sustained campaign involving high-volume malicious API requests. Attackers exploited misconfigured asset-pricing parameters to take undercollateralized loans and attempt disproportionate redemptions from the SOL and USDC Genesis Vaults. The team paused the protocol on November 5, stated that affected vaults were made whole, and confirmed no user deposit losses, while coordinating with law enforcement.

Sources & References

Original incident referencehttps://x.com/Loopscale/status/2118502123705159769 (opens in a new tab)

This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.

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