coin-img-ETHETH-4.33%coin-img-BTCBTC-3.58%coin-img-SOLSOL-4.30%coin-img-XRPXRP-6.02%coin-img-USDCUSDC+0.05%coin-img-DOGEDOGE-5.24%coin-img-SUISUI-6.48%coin-img-HYPEHYPE-5.16%coin-img-ETHETH-4.33%coin-img-BTCBTC-3.58%coin-img-SOLSOL-4.30%coin-img-XRPXRP-6.02%coin-img-USDCUSDC+0.05%coin-img-DOGEDOGE-5.24%coin-img-SUISUI-6.48%coin-img-HYPEHYPE-5.16%coin-img-ETHETH-4.33%coin-img-BTCBTC-3.58%coin-img-SOLSOL-4.30%coin-img-XRPXRP-6.02%coin-img-USDCUSDC+0.05%coin-img-DOGEDOGE-5.24%coin-img-SUISUI-6.48%coin-img-HYPEHYPE-5.16%coin-img-ETHETH-4.33%coin-img-BTCBTC-3.58%coin-img-SOLSOL-4.30%coin-img-XRPXRP-6.02%coin-img-USDCUSDC+0.05%coin-img-DOGEDOGE-5.24%coin-img-SUISUI-6.48%coin-img-HYPEHYPE-5.16%

PancakeSwap Pool Drained of $14.35M Despite Burned LP Tokens

AI Market Summary
An attacker drained $14.35M in USDT from a PancakeSwap liquidity pool despite burned LP tokens, exploiting a contract permission flaw. The exploit highlights persistent smart-contract and DeFi security weaknesses, pressuring sentiment around DEX tokens like CAKE. Expect short-term caution toward DeFi liquidity provisioning, though the sum is too small to shift broader crypto markets materially.
Impact level
● Medium
Affected assets
CAKE/USDT-5.13%
AI Insight · CAKE/USDTAI Insight
▼ Bearish
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
Attackers drained 14.35 million USDT from a PancakeSwap pool for the token 79AU. Investigations show the attacker exploited a contract permission vulnerability to pull liquidity even after the LP tokens were burned. The incident has reignited concerns about security mechanisms on decentralized exchanges.
CAKE
CAKE-5.20%
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.

Risk Warning

Cryptocurrencies and their derivatives are innovative financial products with great volatility and high investment risks.

Although BingX is committed to providing users with easy-to-use trading tools, trading itself is still a highly sophisticated field. Trading digital assets and their derivatives are subject to high market risk and price volatility and may result in partial or total loss of account funds. You must carefully consider and exercise clear judgment to evaluate your financial situation and the aforementioned risks before using BingX Services. You shall be responsible for all losses arising therefrom. If necessary, please consult relevant professionals to make informed decisions before investing. By accessing, downloading, using or clicking on "I agree" to accept any BingX Services provided by BingX, you agree that you have read, understood and accepted all of the terms and conditions stipulated in BingX Terms of Use as well as our Privacy Policy.


Trading by copying or replicating the trades of other traders involves a high level of risks, even when copying or replicating the top-performing traders. Past performance of a BingX community member is not a reliable indicator of his future performance. Content on BingX's trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of BingX.