Security· ★★★· bearish·

Three DeFi exploits drain $11M in a single day

  • —Payy Network lost $1.8M after attacker swapped USDC for ETH via Railgun
  • —Duelbits lost about $7M in a suspected private key compromise
  • —Meter.io lost $2.3M as unbacked tokens were minted and dumped on PancakeSwap
  • —MTR and MTRG tokens fell roughly 80% and 75% respectively
Why it matters: The string of bridge and private key exploits underscores persistent security risks across DeFi infrastructure.
Source: Protos