Sonic launches recovery portal for users affected by DEX exploit

Sonic has opened a recovery portal for users whose liquidity positions were affected by the recent exploit on Sonic DEX, giving eligible participants a way to verify their holdings and submit claims under the project’s recovery programme.

The portal allows users to connect the ICP wallet they originally used to provide liquidity on Sonic DEX. Their wallet principal is then matched against a pre-drain snapshot of liquidity provider positions recorded before the exploit occurred.

Users can view the affected liquidity positions associated with their wallet and submit a claim for review. Sonic said claims will be assessed against pre-drain on-chain records before any recovery is processed.

The company said the wallet connection is read-only and does not request transaction signatures, token approvals or permission to move user funds. The portal supports several ICP ecosystem wallets, including Plug, Internet Identity, NFID, OISY, Bitfinity, Stoic, AstroX and MSQ.

The recovery portal is intended solely for users affected by the exploit. Sonic said the verification process is based on historical on-chain data captured before funds were drained, and recoveries will be handled according to the terms of the recovery programme.

The exploit affected liquidity providers on Sonic DEX and prompted calls from users for a clearer recovery process. Incidents involving decentralised finance platforms have often highlighted the challenges of compensating users after smart contract or protocol breaches, particularly when assets have already been moved on-chain.

Sonic said it will continue providing updates as the recovery programme progresses and encouraged affected users to submit claims through the dedicated portal.

The claim portal is available at app.sonic.ooo/claim .