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YO releases review of yoUSD incident: automatic swap operation caused a $3.7 million shortfall, which has been fully covered by the treasury

YO releases review of yoUSD incident: automatic swap operation caused a $3.7 million shortfall, which has been fully covered by the treasury

PANewsPANews2026/01/15 04:08
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PANews reported on January 15 that the DeFi protocol YO released a review of the yoUSD incident, stating that the yoUSD vault has fully resumed operations and funds are secure; the incident originated from an unfavorable automatic swap operation, resulting in a $3.7 million funding gap, which has been fully covered by YO's vault; user balances were not affected, and the protocol's solvency was not impacted.

Previously, on January 13, it was reported that YO Protocol experienced an abnormal Swap transaction, where approximately $3.84 million worth of stkGHO was exchanged for only $122,000 USDC.

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