BlockBeats News, May 11th, according to an official disclosure from Huma Finance, its old V1 contract on Polygon was exploited today, and approximately 101,400 USDC was withdrawn.

The team stated that user funds were not affected in this incident, and the Huma Finance PST was not impacted. Its V2 system on Solana is a complete restructured version and is not affected by this vulnerability.

Huma mentioned that the team had previously been working on gradually discontinuing the V1 liquidity pool. They have now completely paused all V1-related contracts and will continue to work on the follow-up procedures.