Pendle: Quickly suspended contracts after the Penpie incident, protecting approximately $105 million in funds

ChainCatcher message, Pendle official released an analysis of the Penpie attack incident on the X platform.

Earlier today, a security vulnerability targeting Penpie resulted in some fund losses. In response, Pendle quickly suspended the contract, effectively protecting approximately $105 million. After extensive efforts, the Pendle contract has now been restored and is operating normally. Funds on Pendle remain secure.

The Pendle team assures that funds on Pendle are still safe and unaffected, and will continue to prioritize the secure operation of the platform.