The protocol has shut down all withdrawals. In just a few hours, they destroyed the TVL: It dropped from $311 million to $23 million— losing 93% of its TVL. This is by far the largest hack suffered by any project on the Solana network and the biggest theft of 2026. It will be extremely difficult to recover from such a loss; they’ve been practically bankrupted. The only viable option is to attempt negotiating an agreement with the hacker to recover as much of the funds as possible.
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