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Huma Finance's Old V1 Contract Attacked, Approximately $101,400 USDC Stolen

On May 11, Huma Finance officially disclosed that its old V1 contract on Polygon was exploited today, resulting in approximately 101,400 USDC being transferred out. The project team stated that this incident did not affect the safety of user funds, and Huma Finance's PST was not impacted. Their V2 system on Solana is a completely restructured version and is not affected by this vulnerability. Huma indicated that the team had previously been working on gradually phasing out the V1 liquidity pool, and they have now fully suspended all V1-related contracts and will continue to handle the subsequent wrap-up work.

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