In response to the Gamma security incident, Arbitrum ecological DEX Camelot issued a document on the X platform stating that Gamma has suspended deposits in its Vault to prevent further risks. Camelot core protocol/Algebra remains secure and unaffected.
The exploit appears to only target Gamma's stable Vault. While this issue has been mitigated, Camelot has additionally unlocked Gamma Vault’s spNFT so that users can withdraw funds;
Camelot is working with all relevant parties and security experts and will continue to provide updates where possible.
According to previous news, Arbitrum Ecological Liquidity Management Protocol Gamma posted on the X platform that the team is monitoring and responding to possible security incidents and will take security measures to assess the problem.
In addition, Algebra DEX Engine issued a document on the X platform confirming that the attack disclosed earlier today has nothing to do with Algebra's code and that it is ensuring that it is completely safe to continue using its partners.