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February 13, 2025

Liquity v2 Reports Major Withdrawals Amid Security Investigations

Liquity Protocol has reported potential security concerns regarding its V2 Stability Pools. Following this alarming announcement, users have rushed to withdraw funds, with over $17 million exiting within just 24 hours. This mass withdrawal has led to an 18% drop in total value locked within the protocol. Liquity urges its users to close positions as investigations continue into the specifics of the issue. This situation highlights the importance of security in decentralized finance and the swift actions users can take to protect their assets amidst uncertainty.

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