#VoloProtocol was exploited for ~$3.5M in $WBTC, $XAUm, and $USDC.

The team froze the vaults, isolated the breach, and confirmed that there was no shared vulnerability with the remaining vaults.

$28M in TVL across other vaults is safe. ~$500K already recovered.

Volo says they'll absorb the loss; users won't be made to pay for it. #HackerAlert