Saddle Finance MetaSwap Virtual Price
Saddle's sUSDv2 metapool lost $11.9M when a known MetaSwapUtils bug was redeployed by mistake; BlockSec's bots front-ran $3.97M to safety, cutting the net loss.
Loss
11.9M
USD
Victim dossier
Saddle Finance
Total losses
$12.2M
2 incidents
Saddle Finance Launch-Day Arbitrage
Saddle Finance lost ~$276K within an hour of launch when a flawed stableswap let arbitrageurs swap at badly mispriced rates, draining LP value day one.
Loss275.7KUSD