A major DEX platform suffered a severe technical incident last night—

At 8:19 PM on December 1, 2025, a fatal parameter error occurred in the platform’s automatic tax deduction mechanism for a Chinese meme token. The smart contract, which was supposed to charge a standard fee, instead directly drained 99% of the funds from the “马上有钱” project’s liquidity pool.

What’s even more outrageous is that the massive amount of funds wrongly deducted was then automatically sold off by the system, causing the token’s price to instantly crash to zero, leaving tens of thousands of holders with nothing.

The biggest concern in the community now is: Can the platform take responsibility and return the $60,000 in liquidity to the project team? After all, the user base of this DEX is huge, and if this incident is mishandled, it could trigger an even broader crisis of trust.

Sometimes, the “smart” in smart contracts is truly ironic.