Alert: Penpie has encountered a security compromise. We have paused all deposits and withdrawals. Our team is working tirelessly to address it. Your patience and support are invaluable during this time. Stay tuned for further updates.

In light of the recent security compromise on Penpie, we want to assure our community that we have identified the root cause, and all other protocols within the Magpie ecosystem remain secure and unaffected. Our team is fully committed to resolving this issue. Your trust

Post Mortem Earlier today, a security breach targeting Penpie led to some loss of funds. In response, Pendle promptly paused our contracts, effectively safeguarding ~$105M that could have been further drained from Penpie. Thanks to coordinated efforts from multiple parties,