An attacker exploited Dominion’s treasury wallet associated with SILV, Dominion’s tokenized silver product on Solana. Sunrise confirmed the incident originated with Dominion and was not a compromise of Sunrise infrastructure. Sunrise subsequently removed the SILV market from its UI and warned users not to interact with the SILV token while Dominion and its security partners investigate. The exact mechanism through which the treasury wallet was compromised has not yet been disclosed

Dominion Market’s Solana silver token $SILV suffered a treasury multisig compromise. With 3-of-5 keys, the attacker emptied the treasury and pulled SILV from loans, dumping about 46,909 tokens (face value ~$3 million) into thin DEX pools and realizing about $238,000 as the peg broke. The team pulled liquidity, rotated hardware, froze tokens bought in the incident window, and planned USDC refunds plus a repeg.