Wasabi Protocol Suffers Over $5M Loss in Multi-Chain Exploit

• Wasabi Protocol was exploited for over $5M in an exploit across Ethereum, Base, Berachain, and Blast.
• A compromised admin key from the Wasabi deployer wallet was used to upgrade contracts and drain funds. 
• The exploit signals ongoing admin key risks and may raise fresh concerns after April 2026 saw over $600M lost.

On April 30, 2026, Wasabi Protocol suffered a major exploit that drained more than $5 million across Ethereum (ETH), Base, Berachain, and Blast. Security firms Blockaid, CertiK, and PeckShield confirmed that attackers used a compromised admin key from the deployer wallet to upgrade contracts and steal funds from liquidity pools and vaults. The team warned users to stop interacting with all contracts.

Wasabi Protocol Hit by Over $5M Multi-Chain Exploit

According to sources, PeckShield, Blockaid, and CertiK report that attackers exploited Wasabi Protoc…

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