Arrakis V1 security incidents
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Arrakis V1 hacked
The Arrakis V1 / G-UNI ENS-WETH liquidity-manager vault was drained via Uniswap V3 spot-price manipulation on August 23, 2026. An attacker used a flash loan to distort the pool's price, mint vault shares, and then redeem them for a profit of approximately 2.94 WETH.
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Arrakis V1 — Spot Price Manipulation
Arrakis V1 was affected by spot price manipulation on the Ethereum chain, resulting in a loss of approximately $7,100.