On May 4, 2026, SmartCredit's Leveraged Lido staking module was exploited for 26.382 ETH (~$72K) via an undisclosed vulnerability. The team paused the feature and compensated users from the Loss Provision Fund; technical details were never published.

SmartCredit’s Leveraged Lido module was exploited. The attacker drained funds from this leveraged staking feature. The team has paused the Leveraged Lido functionality, and the protocol’s Loss Provision Fund will fully cover the gap for affected stakers.