Euler Finance has recovered two years after suffering a hacker attack of $197 million.

WuSaidBlockchainW · 2025-03-19T02:04:04+00:00

The DeFi protocol Euler Finance successfully recovered after experiencing a hacker attack, with deposits reaching 693 million USD and a net TVL of 387 million USD. The hacker had stolen 197 million USD worth of encryption assets, but with numerous assists, a total of 240 million USD worth of assets was ultimately recovered.

WuSaidBlockchainW

2025-03-19 02:04:04

Abstract generation in progress

According to DL News, the DeFi protocol Euler Finance has recovered two years after suffering a $197 million hacker attack, with current deposits reaching $693 million and a net TVL of $387 million. On March 13, 2023, hackers stole $197 million in crypto assets and exchanged them for ETH and DAI; with the assistance of multiple parties, and due to the appreciation of ETH, $240 million worth of crypto assets was ultimately recovered from the hackers in early April of that year.

EUL0,53%

DEFI-10,61%

ETH1,18%

DAI0,03%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.