What happened
On May 4, 2026, SmartCredit's Leveraged Lido module on Ethereum was exploited, draining approximately $72,000. The team paused the feature and said its Loss Provision Fund would cover the affected stakers' gap.
How it happened
The attacker exploited the Leveraged Lido staking feature and drained its funds; SmartCredit paused that module while the incident was investigated and the loss provision was used for coverage.
Protocol details
Classification
Protocol Logic
Protocol Type
Lending
Implementation language
Solidity
Protocol links
Website
@smartcredit_io
Security review history
- Pessimistic View report
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