Blockaid detected an ongoing exploit on Premia Labs on Arbitrum, where an attacker created empty option pools, flash-loaned, and bought options to lock vault collateral, then withdrew it
Blockaid detected an ongoing exploit on Premia Labs on Arbitrum, where an attacker created empty option pools, flash-loaned, and bought options to lock vault collateral, then withdrew it. Approximately $400.5k has been drained across two transactions, and the attack is still ongoing.
- Estimated loss
- $400,500
- Protocols
- Premia Labs
- Chains
- Arbitrum
- Confidence
- High
- First seen
- 1 Nov 2026, 04:28 UTC