Starknet-based automated market maker mySwap suffers an attack, nearly draining the protocol's remaining liquidity
2026-06-20 08:26
According to Odaily, Starknet ecosystem automated market maker mySwap has issued a security announcement stating that its concentrated liquidity protocol was exploited today, nearly draining all remaining liquidity from the protocol. Since its front-end interface stopped accepting new liquidity over 6 months ago, the affected funds are primarily residual liquidity scattered across over 100,000 LP positions. After completing the theft, the attacker bridged the funds cross-chain and used the privacy protocol Railgun to obfuscate transaction paths and conceal asset flows. The protocol is currently further investigating the details of the vulnerability and evaluating subsequent remediation plans.
