The anatomy of CRV’s recent DeFi exploit: What you need to know

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The anatomy of CRV’s recent DeFi exploit: What you need to know
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Curve Finance's native token witnessed some recovery after the exploit that hit the network recently. However, the slight recovery was accompanied by token metrics indicating a loss of investor confidence.

The exploit took place on 30 July. This was around the same time that CRV’s price embarked on a steep selloff. According to the analysis, Curve’s limited liquidity contributed to the price drop.

at discounted prices. As such, the token bulled off an impressive bounce back. This was supported by a surge in open interest as noted in the analysis.

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