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Fusion (by IPOR) team urgently issues a security notice. After receiving a system alert on January 6th, it was discovered that the Fusion optimizer Vault on the Arbitrum network was exploited by hackers. Through technical investigation, the attackers successfully executed malicious transactions by exploiting a configuration vulnerability in the contract, resulting in a direct loss of 336,000 USDC.
According to preliminary analysis, this attack was highly targeted — only specific versions of the old Fusion Vault were affected. Due to the unique parameter configuration of this Vault, it became the sole entry point for the attack. This means that other versions of the Vault were not impacted, and user assets remain relatively safe.
Although the loss of 336,000 USDC seems significant, considering the overall scale of the Fusion ecosystem, the impact of this incident is manageable. The IPOR team has activated an emergency response mechanism, is strengthening smart contract audits, and plans to release an upgrade solution. Users are also advised to follow official notifications for timely updates on security patches.