Cryptocurrency [loss] $4M+

"$3.6M Drained From Hyperliquid DeFi Platform Hypervault in ‘Abnormal Withdrawal’"

2025-09-26 [vendor] Hypervault [chain] hyperliquid
Primary Source ↗
Financial Loss $3.6M (3,600,000 USD)
Blockchain(s) Hyperliquid

Incident Details

Only days after the Hypervault yield farming platform announced on Twitter that they’d surpassed $5 million in total value locked, the platform suddenly shut down its website and social media accounts. Simultaneously, the crypto security firm PeckShield observed an “abnormal withdrawal” of a large quantity of various crypto assets priced at around $3.6 million, which were swapped to 752 ETH (~$3.1 million) and laundered through Tornado Cash.The project had attracted customers by advertising yields of 76–95%.

Total loss estimated at $3,600,000.

Technical Details

Vendor / Product
Hypervault

Timeline

  1. 2025-09-26 Breach occurred
  2. 2025-09-26 Publicly disclosed