AuditBase reports that Tectonic lost approximately $75 million in two DeFi lending protocols.

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Two DeFi lending protocols got exploited this week. Neither attacker found a bug. Both found an assumption. 🔴 Tectonic — ~$75M lost Pumped a thin-liquidity token's pric…

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About AuditBase

At AuditBase, we deliver fast, automated, and reliable security for smart contracts. Our AI-driven platform scans, analyzes, and reports vulnerabilities in minutes, empowering teams to build with confidence. What Sets AuditBase Apart - We help you save time and resources by identifying critical issues early, potentially reducing audit costs by up to 60 percent. - Our platform leverages more than 14,000 audit reports and 489 specialized detectors to ensure exceptional accuracy and precision. - Security is foundational to our approach: We maintain SOC 2 compliance, support offline testing, and adhere to rigorous privacy standards. - Collaboration is built in, enabling developers and security teams to review findings and resolve issues efficiently. Accelerate your project timelines by minimizing rework, eliminating delays, and streamlining the journey to mainnet deployment. Trusted by industry leaders including DefiLlama, CreatorBid, Myso, and the Ethereum Foundation, AuditBase supports security across major EVM-compatible chains. Begin with a complimentary scan today at auditbase.com.

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