Aerodrome and Velodrome DeFi platforms experience front-end hacks

The DeFi platforms Velodrome and Aerodrome took to social media to warn users that the front-ends for both platforms were under attack from malicious actors.

The decentralized finance (DeFi) platforms Aerodrome and Velodrome reported compromises to their front ends on Nov. 28. 

The two platforms posted announcements on X (formerly Twitter) stating their front ends were compromised and asked users not to interact with the platforms while investigations were underway.

According to one X user, funds amounting to roughly $40,000 are on the move and trace back to two different wallet addresses. 

DefiLlama reports that Aerodrome has a total locked value of $63.59 million and Velodrome has $139.73 million. 

This is a developing story, and further information will be added as it becomes available.

Additional reporting by Arijit Sarkar

Related: KyberSwap hacker offers $4.6M bounty for return of $46M loot