Odaily News Pendle posted on the X platform that "after a thorough investigation, we can confirm that the funds on Pendle are still safe. The team discovered a security vulnerability in Penpie, an independent protocol built on top of Pendle. As a precautionary measure, Pendle has temporarily suspended all contract operations and will maintain close communication with the Penpie team to actively assist Penpie in resolving this issue as soon as possible." Earlier news said that the Penpie reward protocol was attacked, with losses worth approximately US$27 million.