Popsicle Finance Suffers $20.7M Exploit

Popsicle Finance Suffers $20.7M Exploit

Decentralized finance (DeFi) market maker Popsicle Finance has suffered an exploit that drained $20.7 million from one of its liquidity pools.

  • The exploit affected Popsicle's Sorbetto Fragola (UniswapV3 Optimizer) pool, according to an announcement Wednesday.
  • Popsicle's other contracts were not affected.
  • The hacker made off with a total of $20.7 million in various crypto, including a combined $10 million in USDC and tether.
  • Source