Incident Overview
SmartCredit’s Leveraged Lido module was exploited. The attacker drained funds from this leveraged staking feature. The team has paused the Leveraged Lido functionality, and the protocol’s Loss Provision Fund will fully cover the gap for affected stakers.
Sources & References
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.