On Friday, Convex Finance confirmed that attackers took control of the DNS server of the Convex Finance DeFi protocol to prompt users to approve malicious smart contracts.
The platform then announced setting up two alternative domain names and asked users to use these URLs to interact with the site while they conduct the investigation.
In a recent update, the team behind the platform has now shared that its original domain name convexfinance.com domain is back to normal with the DNS being "secured and actively monitored."
The company also noted that it will continue its investigation of potentially affected users. It also shared the addresses of those suspected of having approved the malicious contracts.
The native token behind the Convex Finance token (CVX) responded positively to the news. Over the past 24 hours, CVX has gained 9.5% and is currently trading at $5.05. However, it remains down over 92% below its January 2022 high of $60.
Convex is the sixth-largest DeFi protocol with a total value locked (TVL) of over $3 billion, according to data from DeFi Llama.