Revert Finance has released a detailed postmortem following an exploit on their newly deployed Aerodrome USDC lending vault on Base.
Key Details:
- Approximately 50k USDC was lost, primarily from Revert team funds used to seed the vault
- All user funds remain safe and unaffected
- Only the Aerodrome USDC vault was impacted; other vaults continue operating normally
- Deposits to the affected vault have been disabled
Current Status:
- Aerodrome Lend remains paused while the team implements fixes
- An additional independent security review is underway before resuming operations
- Full incident report available at Revert Finance's blog
The team acted quickly to contain the incident and has been transparent about the scope and impact of the exploit.
Post‑mortem: Aerodrome Lend vault incident. All user funds are safe (vault was seeded with Revert team USDC). Only this vault was affected. Aerodrome Lend remains paused while we implement fixes + complete additional independent review. paragraph.com/@revertfinance…
⚠️ Security update: We hace received a report of an exploit affecting our newly deployed Aerodrome USDC vault. Deposits are disabled. User funds are safe. ~50k USDC was lost (mostly Revert funds). Other vaults are unaffected. Full report soon.
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