Starknet AMM Protocol mySwap Suffers Exploit, Approximately $300,000 in Liquidity Drained

CoinFeed June 20 news, Starknet AMM protocol mySwap disclosed that its mySwap CL protocol suffered an exploit, resulting in approximately $300,000 being drained from liquidity pools. The team stated that the mySwap interface has been closed for over 6 months and no longer accepts new liquidity injections, with the affected funds mainly being residual LP positions spread across over 100,000 positions. The attacker used bridged stolen funds and employed Railgun to obfuscate the asset flow. This attack nearly exhausted all remaining liquidity in the protocol.