Hyperdrive has released an update regarding last weekend's security incident, stating that all markets have fully resumed operations and funds have been restored to all affected accounts. An investigation confirmed that the affected transactions were limited to the USDT0 main market and the pool market. The findings indicate a sophisticated attack by a known threat actor with ties to high-profile attacks on other protocols. The investigation is ongoing, and further information will be released in due course. Affected users have been appropriately addressed, and a full post-incident report is expected to be released in the coming days.

Earlier news reported that Hyperdrive suffered a contract vulnerability attack, which may result in a loss of $700,000. Later, the official clarified that there was no vulnerability in thBILL itself.