A weekend exploit that targeted Curve Finance is shaking confidence in decentralized finance.

The DeFi protocol saw several of its liquidity pools exploited on Sunday as a result of a bug in smart contracts that use versions of the Vyper coding language. Attackers stole $24 million, and several stablecoin pools using Vyper contracts were drained due to a re-entrancy vulnerability. 

The Curve DAO token has fallen over 12% in the past 24 hours to $0.63, according to CoinGecko. Ignas Defi Research said the plunge signaled a rupture of confidence in decentralized finance. 

"Confidence in DeFi is definitely shaken, if a protocol that ran without problems for three years gets exploited, it makes us question how safe other blue-chip protocols like Aave, Compound, or even …