In late October and early November 2026, Loopscale was targeted by a sustained attack campaign involving more than 30,000 malicious API requests per day, primarily directed at its SOL and USDC Genesis Vaults on Solana. On November 5, the protocol paused operations after detecting an escalation in the activity. Loopscale stated that the affected vaults had been made whole and that no user deposits incurred losses, but did not disclose whether funds had been stolen or explain the attack mechanism. The protocol remained paused pending further investigation and security improvements