Magic Eden Says Current EVM Listings Are Unaffected by Vulnerability
Users who listed or traded NFTs on Magic Eden’s EVM marketplace from February through October 2024 should revoke contract approvals on Ethereum, Polygon and Base.
Magic Eden said Sept. 25 that current listings on its EVM marketplace are unaffected by a vulnerability in Limit Break’s Payment Processor V2, but users active from February through October 2024 should revoke related contract approvals.
The marketplace used Payment Processor V2 for EVM transaction settlement in 2024 and stopped using it in October that year. Magic Eden fully closed its EVM marketplace in the first quarter of 2026, leaving listings made after October 2024 generally outside the affected period.
Users who listed or traded NFTs during the potentially affected window should review and revoke “approved for all” NFT permissions on Ethereum, Polygon and Base. The permissions allow a contract to manage NFTs in a wallet, and removing them does not restore assets that may already have been transferred.
Magic Eden is working with Limit Break, the protocol’s owner and maintainer, on additional measures, including potentially suspending protocol transfers. The platform said it is continuing to assess the scope of the impact.
