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Curve Finance announced on the X platform that it has launched an investigation into the sDOLA LlamaLend attack incident. Preliminary findings indicate that the cause of the attack is related to the sDOLA price oracle mechanism and the amount of sDOLA in the market that was not used as collateral. The attacker’s profits were limited, and the main impact was the liquidation of users who borrowed using sDOLA as collateral, while lenders were not affected. The Curve team is currently investigating potential risks in other markets and evaluating solutions to ensure that LlamaLend V2 remains secure against similar attacks, with plans to integrate relevant mechanisms in the future.

PeckShield monitoring shows that in February 2026, the crypto industry lost $26.5 million due to hacker attacks, marking the lowest record since March 2025. There were a total of 15 attack incidents in February, with losses down 98.2% compared to $1.5 billions in February 2025, and down 69.2% compared to $86 millions in January 2026. The top five security incidents accounted for about $25.9 million, representing more than 98% of the total losses for the month. Among them, the Stellar ecosystem lending protocol YieldBlox lost $10 million due to oracle manipulation, IoTeX’s ioTube bridge vulnerability resulted in a loss of $8.8 million, CrossCurve, FOOMCASH, and Moonwell lost $3 million, $2.3 million, and $1.8 million respectively. Currently, YieldBlox has frozen $7.2 million, the IoTeX Foundation announced 100% compensation for ioTube affected users and has frozen 86% of the illicit tokens.

The document clearly states that the amount of the termination fee will vary depending on the specific triggering circumstances. In certain cases, the GIP consortium is required to pay 100 millions; under other specific conditions, the termination fee may be as high as 588 millions. This clause is designed to provide a certain safeguard mechanism for the transaction.