Venus Protocol contained a phishing attack that caused a $13 million user loss, recovering funds within hours through emergency measures while maintaining protocol integrity.
Venus Protocol reported that a phishing attack on September 2 led to a user losing approximately $13 million. The team intervened by suspending the protocol and liquidating the attacker’s wallet, successfully recovering all lost funds within 13 hours. Security audits confirmed the protocol itself was not compromised, and normal operations have resumed.