Attacker exploited Visor's OHM-ETH 1% LP management contract by manipulating the Uniswap V3 pool price through large swaps. The steep liquidity gradient in the OHM-ETH pair made it susceptible to price manipulation via asset dump-and-buyback. User funds were secured and losses were covered by Visor's treasury.

The malicious contract attacked Visor's OHM-ETH 1% LP management contract. Funds in the targeted pool were recovered by Visor just hours after the attack. The funds deposited by users into Visor are not at risk.