HyperVault Rug Pull Drains $3.6M on Hyperliquid
- DeFi
- DeFi Protocol
HyperVault yield protocol on Hyperliquid removed around $3.6 million in user deposits in a suspected rug pull. Analysts flagged the sudden liquidity drain with no prior warnings. CT discussed it as another DeFi yield scam exposing weak contract controls.
Incident Details
- Type
- RUG PULL
- Funds Lost
- $3.6M
- Status
- Total loss
Protocol abandoned with funds moved via mixers