Tomer Weiss

Earlier today, SparkDEX’s Eternal Perpetuals product was targeted by an attempted exploit. No user funds were affected. Thanks to real-time detection by @HypernativeLabs and @SparkDexAI’s internal monitoring triggered an immediate pause. The attacker managed to exploit a small amount and the protocol was immediately paused to prevent further loses. This incident affected only the perpetuals module, and the smart contracts and systems of the Eternal codebase are totally separate and unlinked to the core DEX, its markets, liquidity pools and the SPRK token. Flare Network infrastructure and FLR token were also unaffected. 🛡️Strengthening ecosystem security coordination This incident validates the importance of Flare’s security stack. As part of our response, we are: • Establishing direct channels with all major DeFi protocols on Flare • Ensuring up-to-date emergency contacts are in place Formalizing escalation paths with Hypernative and other security partners • Improving real-time visibility to reduce reliance on third-party or public alerts ☀️Our commitment moving forward Flare’s integrations with live threat detection tools are a core layer of protection for our ecosystem. But we are doubling down, improving coordination, response times, and shared standards across protocols. Security is foundational to building trust, and we remain fully committed to protecting the capital, users, and infrastructure building on @FlareNetworks.