The project was exploited only hours later, by attackers who stole more than 7.9 BTC (~$275,000) by taking advantage of high slippage on the platform.
Saddle Finance exploited within hours of launch
The Saddle Finance defi project, a fork of the Curve Finance project, launched on January 20. It promised it would "eliminate slippage".
- "Saddle Finance", Rekt