Solana Lending Protocol Loopscale Resumes All Vault Deposits and Withdrawals

On November 8, according to The Defiant, Solana lending protocol Loopscale has resumed deposits, withdrawals, and full loan management functionality for all vaults, including the USDC Genesis vault, following a suspension triggered by an attack.

Previously, borrowers of the USDC Genesis vault remained unable to repay loans or withdraw collateral, while withdrawals across all vaults were also frozen. The report noted that restored access does not imply unlimited withdrawals can be processed immediately, as they remain constrained by available liquidity.

Loopscale confirmed that the previously impacted SOL and USDC Genesis vaults have been replenished, with no losses to user deposits. The team plans to publish a comprehensive technical post-mortem afterward.