YFI rises 5.33% as Yearn Finance retrieves $2.4 million after hack
- YFI surged 5.33% on Dec 2, 2025, reversing short-term losses after recovering $2.4M from a $9M yETH exploit on Nov 30. - Attackers exploited a legacy contract flaw to mint yETH, but Yearn Finance swiftly retrieved 857.49 pxETH via Plume and Dinero collaborations. - V2/V3 vaults ($600M+ assets) remained secure, while post-mortem audits and older contract reviews aim to prevent future vulnerabilities. - Transparent recovery efforts and community support stabilized sentiment, though DeFi security challenges
YFI Sees Short-Term Surge Amidst Recovery Efforts
On December 2, 2025, YFI experienced a 5.33% price increase within a single day, reaching $3,775. This uptick occurred despite the token suffering a 6.03% decline over the previous week and a significant 51.18% drop across the past year. The recent rebound came as Yearn Finance began to recover assets following a major security breach in late November.
Progress After $9 Million yETH Pool Breach
Yearn Finance reported the successful retrieval of $2.4 million out of the $9 million lost during a critical exploit that targeted the yETH stableswap pool on November 30. Attackers exploited a vulnerability in an older Yearn contract, enabling them to create a large quantity of yETH and siphon funds from two liquidity pools. Yearn’s engineering team, working alongside security experts from SEAL 911 and ChainSecurity, acted swiftly to contain the incident and initiate asset recovery.
Through joint efforts with Plume and Dinero, the team was able to recover 857.49 pxETH, valued at roughly $2.39 million. Yearn Finance has committed to returning these funds to affected users without requiring lengthy negotiations or legal proceedings. The protocol also reassured the community that its V2 and V3 vaults, which collectively safeguard over $600 million, were not compromised and remain secure.
Ongoing Investigation and Security Enhancements
A comprehensive review of the incident is underway, with Yearn Finance planning to release a detailed report once external auditors complete their assessment. In the meantime, users impacted by the exploit are encouraged to reach out for assistance through the project’s Discord server. The team is also conducting a thorough audit of older contracts to address and prevent similar vulnerabilities going forward.
This event underscores the persistent security challenges faced by DeFi platforms as the landscape rapidly evolves. Yearn Finance’s transparent communication and prompt action have helped restore confidence in the ecosystem, with YFI showing signs of recovery after its initial sharp decline post-exploit.
As a prominent player in decentralized finance, Yearn Finance’s handling of this high-profile incident is being closely monitored by both its user base and the wider cryptocurrency community.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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