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Popsicle Finance Loses $20.7M in Cyberattack
The hack affected Popsicle's Sorbetto Fragola pool.
Decentralized finance (DeFi) market maker Popsicle Finance was hacked in a cyberattack that drained $20.7 million from one of its liquidity pools.
STORY CONTINUES BELOW
- The exploit affected Popsicle's Sorbetto Fragola (UniswapV3 Optimizer) pool, according to an announcement Wednesday.
- Popsicle's other contracts weren't affected.
- The hacker made off with $20.7 million in various crypto, including a combined $10 million in USDC and tether.
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- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
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