Filament DEX Exploited for $572K in Self-Liquidation Attack

The decentralized exchange Filament, operating on the Sei blockchain, has fallen victim to a major exploit. The platform experienced an unauthorized fund withdrawal of approximately $572,000 through price manipulation on its order book system, according to a statement shared by Filament on X (formerly Twitter). Users were impacted between 12:00 AM and 4:00 AM UTC on April 6th. The attack leveraged large orders and self-liquidation mechanisms across multiple accounts to manipulate prices and initiate withdrawals before the incident was detected.