Exchange Ranking
Top Exchanges
24h Volume Ranking
Popularity Ranking
Exchange BTC Balance
Proof of Reserves
Decentralized Exchanges
Funding Rate
Funding Heatmap
Liquidation Data
Max Pain
Long/Short Ratio
Whale L/S Ratio
Binance/Okex/Huobi L/S
Bitfinex Margin L/S
ETF Tracker
Solana ETF
XRP ETF
Hong Kong ETF
Bitcoin Treasuries
Crypto Reversal
Ethereum Reserves
HyperLiquid Wallet Analysis
Hyperliquid Whale Watch
Large Transactions
On-chain Movement
Bitcoin ROI
Stablecoin Market Cap
Options Analysis
News
Articles
Economic Calendar
Features
Wallet
Contract Calculator
Security
Collections
Watchlist
FollowingVulnerability Response and Wallet Security
Dominion Market confirmed that its Solana network-based SILV token was attacked due to a wallet, causing it to deviate from its 1:1 pegged value to physical silver. The platform responded quickly, withdrawing liquidity and locking in affected wallets within hours.
According to Dominion Market, the invasion began around 01:00 a.m. Coordinated Universal Time (UTC) on Friday, September 11. The team detected abnormal activity about three hours later and immediately took measures to contain it. Founder Mark said the platform had withdrawn liquidity, protected affected wallets, and replaced it with new hardware devices. Dominion has now regained full control of its systems.
This vulnerability caused SILV to trade at a price much lower than the value of the physical silver behind it. This spread provides an opportunity to use this window for speculative purchases. In order to protect user rights, Dominion announced that:
- Any $SILV tokens purchased between 01:00 and 14:00 UTC on Friday, September 11 will be removed from the wallet and frozen.
- Balances held before the vulnerability occurred are not affected by this freeze, and the assets of long-term holders remain unchanged.
The team is working with external security agencies to track the incident. Dominion appointed the Solana Incident Response Network (SIRN) and SEAL 911 as review partners, two organizations focusing on tracking vulnerabilities based on the Solana protocol. Dominion said it will share the latest progress with the community as investigation details are updated.
In addition, Dominion warned the community to be aware of subsequent scams related to the incident. The company emphasizes that it will never directly contact the holder through private messages to process refunds. Any account that claims to provide early refunds before Monday is considered fraud. Official updates will only be released through their verified account.
Path linked to recovery
Holders who purchased SILV during the vulnerability window are eligible for USDC refunds. Dominion has set a refund request window to open at 12:00 UTC on Monday, September 14. The team pointed out that the reason for the delay was the closure of the silver market during the weekend.
Dominion stated that the refund process will rely on verifiable on-chain data for each claim. Affected users do not need to submit any information before the application form goes online. The company plans to publish complete operating instructions along with the refund link.
In addition to refunds, Dominion's primary goal is to restore SILV's link to physical silver. The team is working to increase liquidity before restoring pegs. Trading is still suspended and the platform is confirming system security. Holders are required to avoid trading SILV until an official announcement is issued to restore the pegging.
Since the freeze was announced, community responses have been mixed. Some holders welcomed the quick action to protect token backing; others expressed dissatisfaction with the token being removed from their wallets. Dominion said the freeze was intended to protect holders who bought SILV before the breach occurred.
