A major incident broke out on a leading DEX platform last night!
Around 8:00 PM on December 1, 2025, a severe error occurred in the platform’s smart contract parameter configuration. While processing the liquidity pool of a Chinese community meme token, the system mistakenly deducted about 99% of the pool’s funds.
What’s worse—the platform subsequently carried out a large-scale sell-off of the token.
This incident has had a widespread impact; according to community statistics, over ten thousand users have been affected. The DEX’s automated system is currently under scrutiny, and the community is demanding that the platform disclose the details of the incident and provide a compensation plan.
The address of the affected liquidity pool has been made public on-chain (0xa517ad56e3387f91c6f1293bf6664a1...).
Reminder: Always be vigilant about smart contract risks when using any DeFi protocol. Diversifying funds and controlling your position size should always be your top priorities.
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FundingMartyr
· 12-06 03:54
99% evaporated instantly, who can handle that... yet another automated system failure
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They really dare to talk about "diversifying funds," can't even manage their own platform but want to teach us about risk control
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Over ten thousand people lost everything, this compensation plan probably won't come until who knows when
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Meme coins were already a gamble, now even DEXs aren't safe, what's the point of playing anymore
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It's all written on-chain, they can't deny it, let's see how they try to cover up this lie
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I've always said smart contracts are ticking time bombs, and this time it really blew up hard
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99% just gone, if I were a user I'd be furious... the platform's apology probably won't even be sincere
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Why is it always the meme pools that have problems, maybe their parameter settings are just too sloppy
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TokenDustCollector
· 12-06 03:53
99% got deducted directly? Who wrote this code, a master's or a PhD...
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It's both a meme coin and a liquidity pool, this combo is just insane lol
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Tens of thousands got burned, I just want to know when the compensation plan will be released
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Smart contract bug triggers automatic sell-off, what kind of ridiculous logic is that, hilarious
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Diversifying positions really saved me, otherwise I'd be bleeding losses again
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I need to mark this address 0xa517..., kind of want to check its on-chain transaction history
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This is why I never put my entire net worth into a single pool, can't trust it
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The platform team must be working overtime right now, fixing bugs till dawn kind of situation
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99% gone in just one night? Defi really is high risk, everyone
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Yeah, yeah, I know about the risks, but I've never seen a bug this big
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Wait, will this incident affect the token price...
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Meme coins are unstable to begin with, and now with this, the victims are taking massive losses
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WalletsWatcher
· 12-06 03:53
99% wiped out directly? How did this guy write the contract, even an elementary school kid wouldn't make such a mistake...
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Another "we are investigating," I bet the compensation plan won't come until 2026, haha.
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Tens of thousands fell into the trap, good thing I already rm -rf DEX'd.
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Smart contract risk? Looks more like artificial stupidity risk.
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That sell-off move was wild—was it an intentional final blow or really just a bug?
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Retail investors are always just another entry on the odds table, lesson learned.
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The liquidity pool address is public, and they're still not compensating? Do they want to get sued?
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This is why I move everything to cold wallets—DEXes are just too intense.
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99% is gone, just treat the remaining 1% as tuition, folks.
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They keep saying decentralized is so much safer, but I guess you still have to trust CX...wait, that's not right either.
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PriceOracleFairy
· 12-06 03:52
99% liquidity drain? nah that's not a bug, that's a feature nobody asked for lol... literally watching market entropy unfold in real time rn
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ExpectationFarmer
· 12-06 03:50
99% wiped out directly? This is really outrageous. Feels like the automated systems of DEXs are just ticking time bombs.
With meme coins and massive sell-offs, how many people end up losing big with this combo?
Tens of thousands affected and still no compensation plan? That’s the most heartbreaking part.
Every time they warn about risks, but in the end, you only believe it when you learn the hard way.
Better check your own liquidity pools for any issues—DeFi is really getting less and less trustworthy these days.
A major incident broke out on a leading DEX platform last night!
Around 8:00 PM on December 1, 2025, a severe error occurred in the platform’s smart contract parameter configuration. While processing the liquidity pool of a Chinese community meme token, the system mistakenly deducted about 99% of the pool’s funds.
What’s worse—the platform subsequently carried out a large-scale sell-off of the token.
This incident has had a widespread impact; according to community statistics, over ten thousand users have been affected. The DEX’s automated system is currently under scrutiny, and the community is demanding that the platform disclose the details of the incident and provide a compensation plan.
The address of the affected liquidity pool has been made public on-chain (0xa517ad56e3387f91c6f1293bf6664a1...).
Reminder: Always be vigilant about smart contract risks when using any DeFi protocol. Diversifying funds and controlling your position size should always be your top priorities.