Prisma Finance engineers have already halted the DeFi protocol to investigate the attack.
Decentralized finance (DeFi) protocol Prisma Finance was exploited for around $10 million worth of cryptocurrencies on March 28.
On-chain security alert provider Cyvers were the first to detect the anomaly, according to a March 28 X post:
“Our system has detected multiple suspicious transactions with @PrismaFi and still ongoing! Total loss so far is around $9M. The attacker has been funded by @FixedFloat! Our system has detected the malicious contract 2 min earlier than hack transactions!”