Security First: Immediate Action on Anomalous Activity
On March 15, Venus Protocol announced the immediate suspension of all borrowing and withdrawal functions for THE tokens. This move follows the detection of unusual behavior within the THE liquidity pool during routine monitoring, prompting a proactive security intervention.
Limited Impact, Core Operations Uninterrupted
The team clarified that this action is isolated to THE-related markets. All other lending, staking, and trading services remain fully operational, with no disruptions to user activities.
- Suspended Actions: Borrowing and withdrawals for THE
- Effective Until: Further notice post-investigation
- Other Markets: Running as normal
A comprehensive security audit is currently underway with external experts. Updates will be shared through official channels as the review progresses.