Aurellion — Uninitialized Proxy
Aurellion Labs' Diamond Proxy contract on Arbitrum was exploited due to an uninitialized proxy vulnerability, allowing an attacker to take ownership and drain USDC. The project has paused operations and will reimburse users.
- Estimated loss
- $456,442
- Protocols
- Aurellion Labs
- Chains
- Arbitrum
- Confidence
- High
- First seen
- 12 May 2026, 00:00 UTC