Blockaid said the exploit affected one of Renegade.fi’s Arbitrum-based dark pools, while more than 90% of the drained funds were later returned by a white hat hacker.
Renegade.fi said a legacy V1 deployment on Arbitrum was exploited, with blockchain security firm Blockaid estimating the drain at roughly $209,000. More than 90% of the stolen assets, about $190,000, were later returned by a white hat hacker, materially reducing the impact. Renegade said the incident was limited to its older V1 Arbitrum deployment, that other deployments remain secure, and that affected users will be fully compensated.