Slow Fog Cosine: Loss of over $1.3 million, Pendle whale stolen possibly due to its contract allowing anyone to call

Oct 2, 2025 11:03:44

Slow Mist's Yu Xian posted on platform X explaining the details of the previous Pendle whale theft. It is reported that Pendle officials have confirmed that the protocol was not attacked. An analysis of the Pendle whale theft situation found that the contract created on Morpho Flash Loan could be called by anyone. The whale had delegated its position to this contract, and the hacker called the whale's on Morpho Flash Loan to carry out subsequent attacks on AAVE and Pendle holdings. The Pendle whale ultimately lost over 1.3 million dollars.

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