Leetswap, the FIrst DEX on Base Appears to Have Been Exploited

From their Twitter account..

“As our DEX is forked from Solidly, our factory had a security pause function.

We noticed that some pool liquidity might have been compromised and we temporarily stopped the trading to investigate.”

https://twitter.com/leetswap/status/1686190488506769408?s=46&t=GpWP0EdHqBeMteYaGqJP1g

Hackers are able to straight up extract any token’s LP pools.

https://basescan.org/tx/0x075fcdd02922b7c502dff3441ab947e874eee2ab0bf31231770b10508d4258d8

It’s been reported that LP pairs on Base have been exploited for approximately 340 ETH (~$630K). So far..

https://basescan.org/tx/0xbb837d417b76dd237b4418e1695a50941a69259a1c4dee561ea57d982b9f10ec

If you are aping into these new Base memecoins or had plans to, I would hold stop or off for now lol.

OasisSwap, the other Base DEX, appears to be unaffected, but who knows at this point..

Rough start for Base.. First the biggest rugpull of the year and now this.. Holy shit, they’re cooked. ????‍♂️