Leaderboard
814All-time rank
Velar Perps
Feb 19, 2026
$401K
Lost
$401K
Recovered
$0
Net loss
$401K
Unrecovered0% recovered
On February 19, 2026, Velar's PerpDEX on Mezo was exploited via predictable oracle price updates. Attacker manipulated BTC/MUSD perpetual pool by systematic trading patterns, flowing ~$72M volume and draining ~$401K through exploitable oracle timing.
- Target
- DeFi
- Classification
- Oracle Manipulation
- Technique
- Predictable Oracle Update
- Attribution
- Unknown
- Chains
Mezo
Event timeline
- Feb 19, 2026Exploit executed — $401K drained via predictable oracle update
- Attributed to Unknown
- Recovery status Unrecovered 0%