Euler Finance has recovered two years after suffering a hacker attack of $197 million.

WuSaidBlockchainW · 2025-03-19T02:04:04+00:00

The DeFi protocol Euler Finance successfully recovered after experiencing a hacker attack, with deposits reaching 693 million USD and a net TVL of 387 million USD. The hacker had stolen 197 million USD worth of encryption assets, but with numerous assists, a total of 240 million USD worth of assets was ultimately recovered.

WuSaidBlockchainW

2025-03-19 02:04:04

Abstract generation in progress

According to DL News, the DeFi protocol Euler Finance has recovered two years after suffering a $197 million hacker attack, with current deposits reaching $693 million and a net TVL of $387 million. On March 13, 2023, hackers stole $197 million in crypto assets and exchanged them for ETH and DAI; with the assistance of multiple parties, and due to the appreciation of ETH, $240 million worth of crypto assets was ultimately recovered from the hackers in early April of that year.

EUL-5.51%

DEFI9.15%

ETH-0.96%

DAI-0.07%

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