Yearn Finance Recovers Approximately ¥370 Million in Assets Following Hack

On the first of the month, the decentralized finance (DeFi) protocol Yearn Finance announced the recovery of approximately $2.4 million (¥370 million) of the assets stolen in a yETH-related hack, thanks to the cooperation of the Plume and Dinero teams.

According to a post by X on the protocol, recovery efforts are still ongoing. All recovered assets are intended to be returned to the affected depositors. The total estimated damage from the hack is projected to be around $9 million (approximately ¥1.4 billion).

The attack occurred on November 30, resulting in the outflow of assets from the yETH stableswap pool and the yETH-WETH pool. The attacker exploited vulnerabilities in the smart contract, effectively...