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Sonne Finance: All Optimism markets have been suspended, and the Base market is safe

Sonne Finance: All Optimism markets have been suspended, and the Base market is safe

CointimeCointime2024/05/15 02:16
By:Cointime

Sonne Finance, a native lending protocol based on Compound, announced on social media that all Optimism markets have been suspended, while the markets on Base are safe and more information will be provided in a timely manner. Earlier reports indicated that Sonne Finance, based on Compound's native lending protocol, was hacked and required careful inspection of its time lock contract, resulting in losses of over $20 million.

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