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      THORChain to Implement v3.21 Upgrade on October 23 to Address Vulnerabilities

      THORChain has announced plans to execute its v3.21 version upgrade on October 23, aimed at resolving a vulnerability in the FIN contract on Rujira. This upgrade will enable the previously paused application layer to restart, allowing trading, lending, borrowing, and automated trading activities on Rujira to resume. The upgrade is scheduled to occur at block height 28,366,100.

      The vulnerability was identified on September 26, when an attacker was able to transfer a custom concentrated liquidity position without holding an actual position. In response, Rujira paused its application layer with the support of node operators. Fortunately, only one position from the Rujira team was affected, and no user funds were lost. The issue was traced back to a flaw in the position transfer function, not the trading logic of the liquidity strategy.

      To facilitate a smooth restart, Rujira has proposed a conditional grace period. If the application layer is ready to resume, any credit account position with a loan-to-value ratio exceeding 100% may request node operators to pause the credit account contract for an additional 24 hours. This will allow borrowers to supplement their collateral before any potential liquidation occurs. Rujira has indicated that positions still considered unsafe after this grace period could be liquidated if triggered by a liquidator.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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