Medium Smart contract exploit Source: SlowMist Hacked

Fusion by IPOR hacked

The IPOR USDC Fusion Optimizer on Arbitrum experienced a smart contract vulnerability allowing arbitrary external calls, resulting in a loss of approximately $336,000 USDC from an older vault version. The IPOR DAO will cover the deficit, and the funds were later recovered through a white-hat security event with a bounty agreement.

Estimated loss
$336,000
Protocols
IPOR, Fusion
Chains
Arbitrum, Ethereum
Confidence
High
First seen
6 Jan 2026, 00:00 UTC

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