An attacker seized control of Wasabi Protocol’s deployer admin key on Thursday, draining an estimated $4.5 million to $5.5 million from perp vaults and liquidity pools across three blockchains.
On April 30, 2026, Wasabi Protocol—a so-called “decentralized” perpetual futures platform focused on leveraged trading of memecoins and other assets—experienced a significant exploit resulting in the ...