Cryptocurrency
[loss] $4M+
"$3.6M Drained From Hyperliquid DeFi Platform Hypervault in ‘Abnormal Withdrawal’"
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
- 2025-09-26 Breach occurred
- 2025-09-26 Publicly disclosed