RISEx XLP Vault Unauthorized Withdrawal of $673K Fully Compensated

Configuration error triggered $673K unauthorized withdrawal from RISEx XLP RWA strategy. Funds fully compensated via July fees, ensuring zero user loss despite security breach.

Woofun AI reports that RISEx disclosed an unauthorized withdrawal of 673,011.56 USDC from the RWA strategy linked to its XLP treasury on August 3. The incident originated from a configuration error present since the July 13 deployment, which the team identified and rectified within minutes.

RISEx confirmed that XLP depositors have been fully reimbursed using a portion of July’s generated fees, resulting in no net loss for users. Although the withdrawn amount remained below established withdrawal limits for the platform, bridge, and treasury, the team is actively tracking the funds and attempting to recover them from the recipient addresses. A comprehensive post-analysis report is scheduled for release.