Rujira AMM Strategies Suffers $200,000 Loss from Exploit
An attacker exploited a flaw in Rujira's trading strategy, leading to significant losses. The incident involved manipulation of the BTC/USDC orderbook and resulted in a halt of operations.
On November 10, 2026, Rujira AMM Strategies experienced a security incident when an attacker exploited a flaw in the skew calculations of their Custom Concentrated Liquidity (CCL) strategy. This manipulation affected trading activity in the BTC/USDC orderbook, causing an imbalance in existing liquidity positions and resulting in losses estimated at approximately $200,000.
In response to the exploit, Rujira halted the CosmWasm application layer to address the vulnerability. The company plans to remove the flawed skew parameter and has committed to fully reimbursing affected users before resuming operations. The incident highlights the risks associated with complex trading strategies and the importance of robust security measures.