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Launch
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Launchpool
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Launchpad
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Investment
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Soft Staking
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VIP Wealth Hub
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Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
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Smart Leverage
New
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GUSD Minting
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SDOLA LlamaLend suffers flash loan price manipulation attack, resulting in a loss of approximately $240,000
Mars Finance reports that 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 used flash loans and donations to manipulate the sDOLA price, 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.