UNDERSTANDING THE FAILURES

Last updated: June 16, 2025, 23:14  |  Written by: Fred Ehrsam

Understanding The Failures
Understanding The Failures

Solana

Solana-Based DeFi Protocol OptiFi Loses $661K in Programming

Solana DEX OptiFi Accidentally Shuts Itself Down, Locks Up $661,000

Solana-based (SOL) decentralized exchange OptiFi mistakenly closed its program on August 29, losing $661,000 of its funds permanently. OptiFi’s program has been

OptiFi Program Incident Report

OptiFi DEX Loses $661,000 Permanently after Disastrous Mistake

Solana-based DEX OptiFi loses $661,000 permanently after

Solana

Solana-based OptiFi DEX suffered a permanent loss of $661,000 on Aug due to a grave mistake by one of its developers.

Solana-Based DeFi Protocol Loses $661k After Shutting Down

According to OptiFi’s full debrief, a code update that was moving to Solana mainnet saw a user error that resulted in the use of a ‘solana program close’ command, locking roughly $660K

Optifi

The OptiFi team says they accidentally permanently closed the OptiFi program on Solana mainnet yesterday during a routine upgrade. The shutdown resulted in the

However we accidentally used the ‘solana program close’ command, resulting in our OptiFi program on mainnet being unfortunately closed. All user’s funds and

OptiFi, a DeFi options trading protocol on Solana, accidentally shut down its mainnet thereby rendering $661,000 in user funds inaccessible, the project announced on

Optifi

How A Solana-Based DEX Bricked Itself, Locking $500K In Funds

OptiFi, a Solana-powered decentralized exchange, lost $661,000 after accidentally shutting down its mainnet program. While the funds are not recoverable, OptiFi

OptiFi locks up $661,000 by accidentally shutting itself down

Optifi

OptiFi, a Solana-powered DeFi protocol that focuses on derivatives, accidentally closed its mainnet platform in a programming blunder, locking away $661,000 in

Fred Ehrsam can be reached at [email protected].

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