sDOLA LlamaLend suffers flash loan price manipulation attack, with losses of approximately $240,000
ChainCatcher reported that sDOLA LlamaLend suffered 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 exchange rate of 1 sDOLA from 1.189 DOLA to 1.353 DOLA. This price fluctuation caused the health factor of multiple accounts in the crvUSD Controller to drop below 0, triggering liquidation conditions. The attack contract acted as the liquidator, received rewards, exchanged, repaid the flash loan, and profited.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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