Hyperliquid’s HyperDrive DeFi Loses $773K in Account Compromise, Funds Bridged to BNB Chai

September 28, 2025

HyperDrive DeFi protocol has suffered a $773,000 exploit affecting two accounts in its Treasury Bill market, with stolen funds split between BNB Chain and Ethereum networks through bridge transfers. The attack compromised positions using Theo Network’s thBILL as collateral, prompting immediate suspension of all money markets and withdrawals across the …