Yuga Labs said it pulled about $570,000 worth of Nft assets out of harm’s way on Sunday after finding an exploit affecting Floor Protocol, a project that had already shut down last year. The rescue covered 29 Bored Apes, two CryptoPunks and other holdings that could have been drained from vulnerable pools.
Michael Figge said the move saved dozens of assets from hitting the market and kept Floor Protocol tokens from being compromised. Yuga now controls the NFTs while it works with Floor Protocol developers on a fix and a way to return the assets to their rightful owners.
The reason the exploit mattered is simple: Floor Protocol was built as a liquidity platform for NFTs, letting users deposit tokens into pools, receive fungible μTokens and then trade those on a decentralized exchange or burn them to redeem the underlying asset. Even after the shutdown, the pools still held NFTs that could be exposed if someone found a path in.
That is what made the Sunday discovery urgent. During the rescue, Yuga and security researchers identified another related exploit path that could be used against additional vulnerable pools. The goal, one participant said, was to remove exposed NFTs before another malicious actor could reach the same path, drain the assets and extract value first.
The numbers show why the collections drew so much attention. Bored Apes routinely traded above $300,000 in early 2022, when Ethereum NFT daily sales volumes often topped $100 million. That market is far cooler now, with the highest daily sales volume in 2026 standing at $32.3 million, but blue-chip collections still carry real value: Bored Apes now have a floor price of more than $15,000, while CryptoPunks trade for around $55,000 apiece.
For now, the NFTs are safe, but the unresolved question is when they go back. Yuga is holding the assets as it works with Floor Protocol developers on a solution, and the cleanup is complicated by the fact that the protocol had already sunset operations before the vulnerable pools were exposed. The rescue bought time; it did not yet settle ownership.
