Aerodrome has confirmed that a domain hijacking attack on November 21 led to user losses of approximately $700,000. The attack was mitigated within four hours, and a response plan is now in place. Major wallets like MetaMask and Coinbase Wallet issued warnings within two minutes of detecting the first malicious transaction. Losses were confined to users who interacted with the malicious site during the attack. The Aerodrome team is collaborating with security consultants and business registrars to secure the domain, which is expected to be operational again next week. Additionally, the Aero and Velo Foundations are formulating compensation plans for affected users based on their losses.