Odaily Planet Daily reports that Curve Finance announced on X platform that it has initiated an investigation into the sDOLA LlamaLend attack, which is suspected to have caused a loss of approximately $240,000. Preliminary findings suggest that the attack was related to the price oracle mechanism used by sDOLA (possibly influenced by a “donation attack”) and the number of sDOLA tokens not used as collateral in the market. Although the attacker’s profit was relatively limited, the incident highlights the need for stricter handling when using vault collateral assets in LlamaLend. The main impact was on users who borrowed against sDOLA collateral, who were liquidated; lenders who provided funds were not affected. The Curve team is further investigating whether other similar markets might be at risk in the future and is working to ensure that LlamaLend V2 remains secure even when facing vault collateral assets vulnerable to donation attacks, across different market sizes. They are currently evaluating detailed solutions and plan to integrate relevant mechanisms into all future markets that use vault collateral.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin Depot launches the enterprise-level financial services platform ReadyBucks
Gate News Announcement: On March 10, Nasdaq-listed Bitcoin ATM operator Bitcoin Depot announced the launch of its enterprise-level financial services platform ReadyBucks, providing working capital support for small businesses, gig economy workers, and independent contractors. According to Globenewswire, ReadyBucks is currently available in multiple states across the United States, with plans to gradually expand to more regions.
GateNews25m ago
Starknet will deploy the STRK20 framework, supporting privacy stablecoins and other assets.
Starknet is developing a privacy feature called STRK20, aimed at allowing teams to issue compliant protected stablecoins and other assets. It is expected to be deployed later this year, supporting the ERC-20 standard to ensure privacy of transactions and balances.
GateNews51m ago
World Liberty Financial Launches Governance Vote to Enable Staking for WLFI Holders
World Liberty Financial has put up its proposal to enable staking for WLFI holders to a vote that runs for the next seven days.
The proposal has received 99.2% backing, with 903 million tokens supporting it, while 5.8 million voted against it.
World Liberty Financial recently introduced a pr
CryptoNewsFlash54m ago
Comtus Holdings Pushes For Standardization Of Won Stablecoin Transfers
Comtus Holdings proposed a standardized framework for won-backed stablecoins in South Korea to enhance adoption and regulatory compliance. This initiative aligns with the ongoing discussions of the Digital Asset Basic Act, aiming to bolster domestic currency demand while ensuring user protection and financial stability.
Blockzeit1h ago
Gate for AI upgrades CEX MCP module, AI Agent can directly invoke centralized trading capabilities
Gate announces the upgrade of its AI Agent infrastructure, adding the CEX MCP module, enabling AI to directly access the centralized trading capabilities of exchanges, achieving real-time market data retrieval and trading operations, including order placement, order cancellation, and asset management, forming a complete system from market analysis to trade execution.
GateNews2h ago
