May 12, 2026·Bearish·critical issue

SagaEVM Mainnet Halts After $7M DeFi Exploit

The SagaEVM mainnet has been halted following a $7 million DeFi exploit that resulted in funds being drained. Operations are currently frozen as investigators work to assess the breach and conduct forensics.

Detected & updated continuously · Source: Nebula

Mentioned

Saga (saga)

Sources

@Augura_

$SAGA $𝟬.𝟬𝟰𝟳𝟮 🟢🟢🟢 +93.4% Saga halted its SagaEVM mainnet after a $7M DeFi exploit drained funds. Operations frozen as investigators assess the breach, conduct forensics, and outline recovery steps. https://t.co/dluXDRHGKF