Thetanuts Finance Clarifies Vault Incident as Abandoned Contract With No Link to Active Products
2026-06-17 20:39

Woofun AI reports that Thetanuts Finance has issued a formal statement addressing the recent security incident involving one of its Vaults. The protocol clarified that the compromised smart contract is an obsolete version that was deprecated and migrated years ago, asserting it has no operational connection to any currently active products or contracts. This distinction aims to isolate the risk from the protocol's present-day infrastructure.

Earlier market reports indicated that Thetanuts Finance may have been targeted by an attack, with preliminary estimates placing the financial losses at approximately $2.1 million. While the immediate scope of the breach appears confined to the legacy contract, the team emphasized that a comprehensive post-incident analysis is still underway. A detailed report will be published once sufficient data has been gathered to fully assess the event.

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