Lending Protocol Purrlend Suffers Attack, Loses $1.52 Million Across MegaETH and HyperEVM

Gate News message, April 25 — Lending protocol Purrlend fell victim to attacks on both the MegaETH and HyperEVM networks today, resulting in losses of approximately $1.52 million.

Attackers extracted roughly $1.2 million in assets from the HyperEVM network, including 449,683 USDC, 214,125 USDT0, 194,745 USDH, along with portions of UBTC, wstHYPE, UETH, kHYPE, and WHYPE. From the MegaETH network, attackers withdrew approximately $324,000 in assets comprising USDT0, WETH, and USDm.

Purrlend has suspended its protocol and launched an investigation. The attacker's addresses have been identified on both network block explorers.