Shield Protocol: Hypervault Suspected Rugpull, $3.6 Million in Crypto Assets Withdrawn Illicitly

BlockBeats News, September 26th, according to PeckShield monitoring, Hypervault, an unmanaged automatic compounding yield aggregator project based on HyperEVM, is suspected of a Rugpull, with approximately $3.6 million in crypto assets detected to have been irregularly withdrawn from Hypervault.

These funds were first bridged from Hyperliquid to Ethereum, then exchanged for ETH, and subsequently 752 ETH were transferred to Tornado Cash.

The project's official Twitter account @hypervaultfi has also displayed "This account doesn't exist" message.