Lido 'secure' after oracle compromise sparks emergency DAO vote

Description

Lido remains fully operational after a May 2025 oracle compromise prompted an emergency DAO vote to replace the affected address, with minimal impact and no broader threat confirmed.

Authors

Zack Abrams

Publish date

May 11, 2025

Publisher

The Block

Web URL

https://www.theblock.co/post/353888/lido-secure-after-oracle-compromise-sparks-emergency-dao-vote

Referenced by

Emergency DAO vote secures Lido after oracle incident

Crypto news

News story

"In the worst case, [compromised oracles] may mean something like stETH rebases (whether positive or negative) take longer to materialize, which will affect stETH holders but mostly in a negligible manner apart from those who may be using stETH in a leveraged manner in DeFi," wrote Lido head of validators Izzy on X.

Crypto news

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The attacker drained 1.46 ETH worth about $3,800 from the compromised address, blockchain data shows. "Investigation on all fronts is still ongoing; we will share a full postmortem after we conclude the investigation," Chorus One added on Lido's governance forum. "Activity of the exploiter points towards an automated system, rather than a targeted attack."

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