✅ UPDATE: Exploit Contained
We can now confirm the situation is fully contained and no further NFTs are at risk.
What our investigation found:
• A limited number of NFTs were affected
• The exploit was isolated to the Sell & Repay contract deployed on February 20
• All users who interacted with this contract and were impacted have been contacted directly by our team
What was never at risk:
• NFTs in active loans — not affected, at any point
• Buying, selling, listing, accepting bids, and trades — not affected, at any point
All platform activity is safe to resume, including:
→ Repaying, renegotiating, and refinancing loans
→ Starting new loans
→ Listing for sale, buying, accepting bids, and trades
The Sell & Repay feature remains disabled while we deploy a fix. All other functionality is fully operational.
Thank you for your patience and for acting quickly on our earlier guidance.
