Texture
@texture_fi
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Lending protocol on Solana with customizable markets and dynamic risk tools 🧩 https://t.co/9aFU2qw5CM
Solana
Joined December 2021
We’re carefully reopening the protocol step by step. Available now:.• You can now withdraw all collateral assets — except for SOL and USDC — across all pools.• Since loan repayment has always been available, all Power Leverage loops can now be fully closed. Coming soon:.•.
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The majority of stolen funds were successfully recovered. A full joint post-mortem will be released next week.
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Both Certora and Texture are confident in the fix. The patched contract can be safely redeployed.
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After identifying the flaw, the Texture team: .✅ Reproduced the exploit in a test environment ✅Designed a defensive fix to validate all account ownerships during rebalances.✅Validated the fix through review and test-based confirmation.
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The exploited contract had been audited by Certora, but not formally verified, unlike other Texture contracts. The attacker was able to exploit a missing permissions check that went undetected in manual review.
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Our team moved quickly. Within minutes, we contacted Certora and spun up a war room to investigate the root cause. Together, we worked to trace the issue and design a fix swiftly.
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🚨 On July 9th, the Texture Vaults contract was exploited, resulting in ~$2.2M being transferred to an attacker’s wallet. The exploit targeted the contract’s rebalance function. The UI and contract were paused immediately to prevent further loss. The issue is fixed, and funds.
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About two hours ago, the hacker returned 90% of the stolen funds to the Texture SOL address, taking the 10% greyhat bounty proposed earlier by the Texture team. As the hacker has fulfilled their side of the agreement, we will not pursue the matter further. We want to thank.
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An important message for the exploiter: . We are offering a 10% bounty of any funds stolen, which are yours to keep if you return the remaining 90%. You made an opsec mistake, but it’s not too late to avoid escalating the situation. For taking this chance, contact us through.
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We have discovered a security breach of the Texture Vaults contract, user funds in the amount of USDC 2.2m have been compromised, the breach seems to be limited to the USDC vault. Our team has identified the vulnerability and is working to deploy a fix. We are setting up a war.
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INF-SOL Pool is live on Texture ⚡. You can now supply INF and use it as collateral to borrow SOL - all without giving up your yield. One-click INF Looping is also available, with up to 5x Power Leverage for amplified exposure 👇
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Starting today:.-> Loop JLP or borrow USDC in JLP - USD pool manually.-> Get USDC rewards on borrow side, claimable anytime.-> Earn 3x PXLS Points while you're at it. If you’re holding JLP, this is easily one of the best deals live right now 🤝
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Your JLP-USDC loop just got supercharged: earn 10% APY back in USDC on your USDC borrow side 🧮. Earn JLP yield. Get paid to loop. Here’s how 👇🧵
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aeroSOL is now live on Texture ⚡️. You can now:.• Supply aeroSOL and use it as collateral to borrow SOL without giving up your yield.• Access one-click aeroSOL Looping with up to 5x Power leverage. Earn 2x PXLS on your aeroSOL positions 👇
We are now live on @texture_fi. $aeroSOL is now integrated into Power Leverage, earning you 2x PXLS points on manual borrowing and looping. Join up today ⤵️
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Our SOL Vault APY is on the rise 📈. Smart Vaults are built on top of Texture lending pools - access them under “Earn,” deposit your SOL, and start earning yield effortlessly. APYs can move fast in the early stages - keep an eye on it 👀
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