Hypervault Finance "Pool Theft" Incident: A Wake-Up Call and Opportunity in the DeFi Sector
Imagine, as an investor passionate about meme coins, Bitcoin, and Ethereum trading, you're eagerly chasing high yields on a DeFi platform when suddenly, your liquidity pool is silently drained, and the project team vanishes into thin air. This isn't a sci-fi story, but a real scene that recently unfolded with Hypervault Finance.
On September 26, 2025, this yield optimization protocol based on Hyperliquid exploded with a $3.6 million abnormal withdrawal, with funds quickly bridged to Ethereum and 752 ETH deposited into Tornado Cash, plunging the entire community into panic. The project's website and social media accounts disappeared overnight, and investors buzzed on Discord and X platforms, with some sighing "another rug pull" and others reflecting "how many traps lurk behind DeFi's freedom."
As a seasoned editor in the Web3 space, I've witnessed countless similar incidents, from Bitcoin's wild early growth to the current wave of AI and blockchain integration—each storm...