DeFi Security: $6.1M Critical Bug Found via On-Chain Decompilation
Security researchers decompiled a propAMM into Rust that recompiles to the exact on-chain binary, then used it to find a critical vulnerability putting $6.1M at risk — highlighting that 'no program is closed source' in 2026.
What we know
An account on X (of Yearn/DeFi fame) RT'd another account on X's report of a sophisticated security research breakthrough: a propAMM smart contract was fully decompiled into Rust that recompiles to the exact on-chain binary. Researchers then used this to find a critical bug that put $6.1M at risk. The punchline: 'In 2026, no program is closed source.' This represents a step-change in DeFi security research capability. The broader theme of onchain transparency was echoed by another account on X's RT of the Starknet post-quantum L1 community vote, and another account on X's praise for another account on X's publicly verifiable onchain payout reserve.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.