On May 9, Rari published a post mortem on the attack explaining how an attacker managed to drain its Ethereum pool of 2,600 ETH. The report confirmed that the loss equated to 60% of all user funds in the Rari Capital Ethereum Pool, valued at around $10 million at the time.
Rari is an automated yield farming platform that rebalances pools and funds to source the best yielding strategies across the DeFi ecosystem. As of May 1, DeFi Llama was reporting a TVL of $90 million, but that had fallen by $8 million on May 10 according to Rari itself.
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