Deep Tide TechFlow News, March 3 — According to GoPlus monitoring, sDOLA LlamaLend was subjected to a flash loan price manipulation attack, resulting in a loss of approximately $240,000 (including 6.74 WETH and 227,325 DOLA). The attacker manipulated the sDOLA price through flash loans and donations, raising the 1 sDOLA exchange rate from 1.189 DOLA to 1.353 DOLA. This price fluctuation caused multiple accounts in the crvUSD Controller to have health factors below 0, triggering liquidation conditions. The attack contract, acting as the liquidator, received rewards, exchanged assets, repaid the flash loan, and profited.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
GoPlus: sDOLA LlamaLend suffers flash loan price manipulation attack, loss of approximately $240,000
Deep Tide TechFlow News, March 3 — According to GoPlus monitoring, sDOLA LlamaLend was subjected to a flash loan price manipulation attack, resulting in a loss of approximately $240,000 (including 6.74 WETH and 227,325 DOLA). The attacker manipulated the sDOLA price through flash loans and donations, raising the 1 sDOLA exchange rate from 1.189 DOLA to 1.353 DOLA. This price fluctuation caused multiple accounts in the crvUSD Controller to have health factors below 0, triggering liquidation conditions. The attack contract, acting as the liquidator, received rewards, exchanged assets, repaid the flash loan, and profited.