Odaily Planet Daily reports that the lending protocol Purrlend suffered an attack on the MegaETH and HyperEVM networks, resulting in losses of approximately $1.52 million. The attacker withdrew approximately $1.2 million in assets from the HyperEVM network, including 449,683 USDC, 214,125 USDT0, 194,745 USDH, and portions of UBTC, wstHYPE, UETH, kHYPE, and WHYPE. The attacker also withdrew approximately $324,000 in assets from the MegaETH network, including USDT0, WETH, and USDm. Purrlend has since paused its protocol and launched an investigation; the attacker’s address has been identified on the block explorers of both networks.
Lending Protocol Purrlend Suffers Attack, Loses $1.52M
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Summary
The lending protocol Purrlend suffered an attack on the MegaETH and HyperEVM networks, resulting in total losses of approximately $1.52 million. On-chain data shows attackers drained $1.2 million from HyperEVM, including 449,683 USDC, 214,125 USDT0, and 194,745 USDH. An additional $324,000 was stolen from MegaETH, comprising USDT0, WETH, and USDm. Purrlend has paused the protocol and initiated an investigation. The attacker addresses are visible on both network block explorers. The incident underscores the urgent need for a protocol update to prevent future exploits.
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