Levana Protocol recently experienced a vulnerability attack, resulting in losses exceeding 1.1 million dollars

ChainCatcher news, according to The Block, the perpetual trading protocol Levana Protocol on the Osmosis blockchain has fallen victim to a vulnerability, resulting in a loss of over $1.1 million from its liquidity pool. Between December 13 and 26, attackers drained 10% of Levana's liquidity pool.

Levana plans to compensate affected liquidity providers through airdrops and by distributing the protocol fees collected during the attack.