Venus Protocol said it reduced collateral factors to 0 across seven markets after detecting abnormal activity in the THE pool. In its initial investigation, the protocol said the attacker had accumulated about 12.2 million THE, roughly 84% of the token’s maximum supply, since June 2025. Venus had already paused borrowing and withdrawals for THE, while stating that other markets remain operational. The update adds new protocol-level mitigation measures to the earlier reports of a suspected exploit and liquidation cascade involving THE.