Wasabi Protocol Hack
Incident Overview
Sabai Protocol (SABAI) is a cryptocurrency launched in 2023and operates on the Ethereum platform. Sabai Protocol has a current supply of 2,650,000,000 with 550,080,654.59494778 in circulation. The last known price of Sabai Protocol is 0.00200235 USD and is up 0.98 over the last 24 hours.
It is currently trading on 5 active market(s) with $70,479.59 traded over the last 24 hours. More information can be found at https://sabaiprotocol.com.
Incident Report
Protocol Information
What Auditors Should Check
If you're auditing a protocol with similar architecture to Wasabi Protocol, these are the critical security checks that could have prevented this incident (May 2026).
- Review privileged functions (owner, admin, governance) for potential abuse vectors - centralization risks should be documented and bounded with timelocks or multi-sigs
Master these auditing techniques with hands-on labs and real exploit scenarios in the Smart Contract Hacking course.
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