Huma Finance loses $101K in Polygon exploit on same day as Ink breach
May 12, 2026
< 1 min read
by Randa Moses
for CryptoPolitan

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AI Overview
On May 11 Huma Finance's deprecated V1 smart contracts on Polygon were exploited for $101,400 in USDC, a DeFi security incident affecting legacy contracts. The team says its V2 system on Solana is secure, but the exploit highlights risks around contract deprecation, cross-chain exposure and potential reputational impact for the crypto protocol.
Bearish
Huma Finance's deprecated V1 contracts on Polygon were exploited for $101,400 in USDC on May 11. The company says its V2 system on Solana are safe.



