Solana lending protocol Loopscale restores all vault deposits and withdrawals
Original headlineSolana 借贷协议 Loopscale 恢复所有金库存取款
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Solana lending protocol Loopscale has restored deposits, withdrawals, and full loan management across all vaults, including the USDC Genesis vault, after an exploit forced a pause. Withdrawals remain subject to available liquidity rather than being unlimited, and the team said the affected SOL and USDC Genesis vaults have been recapitalized with no user deposit losses. The restart matters because it unfreezes borrower repayments and collateral withdrawals that had been stuck during the shutdown. Loopscale said it will publish a full technical post-mortem, which should clarify the exploit’s cause and the status of any remaining liquidity constraints.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
Named in this story
Loopscale, Solana (SOL), USDC Genesis, SOL (SOL), USDC
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