Wasabi Protocol Exploit Drains More Than $5M Across Ethereum, Base, Berachain and Blast

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Wasabi Protocol suffered an admin-key compromise that drained more than $5 million from its perpetuals vaults and LongPool across Ethereum, Base, Berachain, and Blast. Blockaid said the attacker gained ADMIN_ROLE through the protocol’s deployer wallet. The attacker then upgraded the vaults to a malicious implementation that siphoned user balances. Wasabi urged users not to interact with its contracts while the investigation remains active.

ETH0.33%
BERA-0.87%
BLAST-1.32%
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