SafeDollar Algorithmic Stablecoin Collapse
~$248K drained from SafeDollar on Polygon via a reward-calculation flaw that emptied SDO/USDC reserves and broke the algorithmic stablecoin's peg.
Loss
248.0K
USD
An archive of cryptocurrency security incidents — hacks, exploits, bridge failures and rug pulls, documented with on-chain evidence.
~$248K drained from SafeDollar on Polygon via a reward-calculation flaw that emptied SDO/USDC reserves and broke the algorithmic stablecoin's peg.