RISEx XLP vault associated RWA strategy experienced unauthorized withdrawals exceeding $670,000, and user funds have been fully compensated
The decentralized spot and perpetual contract trading platform RISEx announced that on August 3, an unauthorized withdrawal occurred related to the RWA strategy associated with the XLP treasury, involving 673,011.56 USDC. This issue stemmed from a configuration error since the deployment on July 13. The team discovered and fixed it within minutes and has fully compensated XLP depositors using part of the fees generated in July, with no impact on user funds.RISEx stated that the platform, RISE cross-chain bridge, and XLP treasury all have withdrawal limit mechanisms in place, and this amount was below the threshold. The team has reviewed the relevant transactions and configurations, confirmed that there are no other similar issues, and is tracking the funds, attempting to contact the relevant addresses to request a return. A post-analysis report will be released later.
