Cow Swap: Attacked Settlement Contract Held 7 Days Worth of Protocol Fees, Users Unaffected

Decentralized trading protocol Cow Swap has responded to an exploit of its settlement contracts, saying that a hacker exploited an external solver and used it to drain the settlement contract, which held 7 days worth of protocol fees. The hacker moved a total of $166K from the settlement contract into his wallet.

Users are not affected. Since CoW Swap is protected from solver exploits by the solver bonding pools, CoW Swap is not suffering any losses.