Decentralized finance (DeFi) protocol SushiSwap's exchange services were compromised early on Sunday, according to a tweet from the protocol's developers.

The 'RouterProcessor2' contract, which manages trade routing on the #SushiSwap exchange, is notably affected by the vulnerability.

On Sunday morning in Asia, security company PeckShield raised an alert that was later confirmed by #Sushi developers.

"It seems the SushiSwap RouterProcessor2 contact has an approve-related bug, which leads to the loss of >$3.3M loss."

The $3.3 million appears to have been contributed by a single individual, @0xsifu, a well-known trader in the Crypto Twitter community, according to several tweets from several security companies.

Developer of DefiLlama @0xngmi noted on Sunday that it appeared that the exploit only affected customers who have accepted Sushiswap contracts in the previous four days.

Although the organization was "working with security teams to mitigate the issue," SushiSwap chief developer Jared Grey encouraged users to remove permissions for all contracts on the platform as a precaution.

This news is republished from https://coinaquarium.io/