🚨 LeetSwap, an exchange running on Coinbase’s Layer 2 blockchain Base, has announced that around 340 ETH (~$630,000) worth of liquidity provider (LP) pairs were stolen. 😱 LeetSwap said it has temporarily suspended trading to investigate the incident.

- According to DeFiLlama data, the DEX’s total locked value (TVL) reached $41.2 million on July 31, and fell to $7 million as of August 1.

- This incident occurred after a memecoin called BALD running on Base rugpull users.

🤔 How do you think LeetSwap can recover from this? We’re waiting for your comments!