TENDRIL sell hook exploit causes about $555K net loss

The significance here is structural rather than market-wide: the flaw sits in the ordering of reserve syncing versus settlement in the sell path, a narrow design choice with outsized consequences. It affects TENDRIL's own liquidity providers and anyone relying on its pool reserves as an honest reference, since the drained USDT was real value, not an accounting artifact. The open question is whether other protocols share this sync-before-settlement pattern, and whether TENDRIL's response addresses the mechanism itself rather than the single incident.