TechFlow news, Solana-based algorithmic stablecoin project Cashio tweeted that users should not mint any CASH and should withdraw funds from the pool as soon as possible. The protocol has an infinite minting vulnerability, and the team is investigating the issue and will release a report as soon as possible.
Additionally, DeFi Llama data shows the protocol's TVL has plummeted from $28.87 million to $569,000. CoinGecko data indicates its stablecoin CASH has dropped from $1 to nearly zero.
Cashio Dollar (CASH) is an algorithmic stablecoin backed by USDT-USDC LP tokens.





