Accident 1

Last Update: Sept 14, 2025

What is Credix?

Credix was a lending protocol in Sonic, running on Aave 3.0.2 codebase, which was used in our MetaVaults to allocate some of the funds. A due diligence was carried out and protocol owners were KyCed.

Rugpull

On July 29, 2025, Credix multisig executed batch transaction with granting all protocol roles to EOA 0xF321683831Be16eeD74dfA58b02a37483cEC662e. On August 4, 2025, this address minted unbacked collateral tokens using bridge role tx and drained ( borrowed) all available liquidity from protocol.

Compensation

Stability DAO has committed to covering the financial damages caused by this accident to all affected users of our Meta Vaults. Compensation is provided to all holders of MetaVaults and WrappedMetaVaults, as well as to all users of protocols whose contracts were working with MetaVaults or WrappedMetaVaults at the time of the accident.

Until full compensation is achieved, we allocate 20% of the platform's income to it. We are engaging with police authorities as well to recover the funds.

Compensation begin in Sep, 2025.

Compensation occurs to the liquid recovery tokens holders.

Recovery tokens

All accident affected funds tokenized in Recovery tokens.

Vault	Recovery token	Initial supply	Recovery pool
metaUSD	0x000078392f3cF4262500FFeB7d803F90477ECC11	300,968 USD	Shadow RECmetaUSD/wmetaUSD
wmetaUSD	0x00001b2c60cD041a478521008CE6efeC475bb9Aa	1,572,889 USD	Shadow RECwmetaUSD/wmetaUSD
wmetaUSDC	0x0000a59C549b4250a2931ac6054e1426a87DA0EE	105,768 USD	Shadow RECwmetaUSDC/wmetaUSD
wmetascUSD	0x0000c3b22bbD290588361E4B5C424F3AB0d0a3cc	1,042,155 USD	Shadow RECwmetascUSD/wmetaUSD
metaS	0x000006539BA0B4f5452186Af40aAB959bDEa4344	1,099,758 S	Shadow RECmetaS/wmetaS
wmetaS	0x0000Dd8cEa00EA3336f5849590d69bbfc93A85bb	3,168,520 S	Shadow RECwmetaS/wmetaS

Affected protocols users

For affected pools users we distributing recovery tokens by pool snapshots.

Protocol	Contract	Snapshot	Supply
Silo V2 market 125 wmetaUSD-scUSD	0x6e8C150224D6e9B646889b96EFF6f7FD742e2C22	32 users	904,723 RECwmetaUSD
Silo V2 market 121	0xCCdDbBbd1E36a6EDA3a84CdCee2040A86225Ba71	75 users	380,298 RECwmetaUSD
Stability wmetaUSD-USDC	0x287939376DCc571b5ee699DD8E72199989424A2E	85 users	255,586 RECwmetaUSD
Ichi SwapX wmetaUSD-wstkscUSD	0x859C08DDB344FaCf01027FE7e75C5DFA6230c7dE	8 users	21,557 RECwmetaUSD
Euler wmetaUSD	0x6F11663766bB213003cD74EB09ff4c67145023c5	Distribution by curator	7,593 RECwmetaUSD
Beets V3 Stably Ever After: The Meta Mix	0xbA1333333333a1BA1108E8412f11850A5C319bA9	41 users	11,060 e6 RECwmetaUSDC
Beets V3 Stably Ever After: The Meta Mix and Green Shoots, Stable Loots	0xbA1333333333a1BA1108E8412f11850A5C319bA9	44 users	143,756 e6 RECwmetascUSD
Euler wmetaS	0xC37fa1c70D77bdEd373C551a92bAbcee44a9d04E	Distribution by curator	2,120,455 RECwmetaS
Silo V2 market 128 wmetaS-S	0x1c1791911483E98875D162355feC47f37613f0FB	66 users	997,722 RECwmetaS
SwapX wmetaS-stS	0xD58f0042811A2Af932d8eA2D7466123ce9052Cde	12 users	30,260 RECwmetaS