Three DeFi protocols lost $11M in a single day through different attack vectors: Payy Network's bridge was exploited for $1.8M, Duelbits lost $7M to a compromised private key, and Meter's bridge was drained of $2.3M. The incident highlights systemic DeFi security vulnerabilities, with bridges and key management failing independently and recurring despite past exploits.
Three DeFi protocols lost $11M in a single day through unrelated exploits: Payy Network's bridge drained of $1.8M, Duelbits lost $7M to a compromised private key, and Meter lost $2.3M via bridge exploit. The incident highlights systemic DeFi security vulnerabilities, particularly with bridges and key management, with Meter suffering a similar bridge exploit twice in four years.