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
Tether hires KPMG for USDT audit, brings in PwC as it gears up for U.S. expansion
Tether has engaged KPMG for a comprehensive audit of its USDT stablecoin, alongside PwC for internal system preparation. This follows investor concerns regarding its reserves and transparency as Tether prepares for U.S. expansion and fundraising amidst evolving crypto regulations.
CoinDesk14m ago
S&P Global has upgraded the rating of the tokenized government bond fund JTRSY to the highest level of "AAAf."
Centrifuge announced that S&P has upgraded the credit quality rating of its tokenized treasury fund JTRSY to "AAAf" and maintained an "S1+" fund volatility rating. The fund has assets under management exceeding $1 billion, making it one of the largest tokenized treasury funds.
GateNews14m ago
Hey Anon Announces Launch of “Pandora” Prediction Market on Ethereum
Hey Anon launches Pandora, a decentralized AI-driven prediction market on Ethereum, empowering users to create transparent markets without central control. The platform features unique AI consensus mechanisms and aims to innovate the prediction market landscape.
CoinDesk22m ago
The RWA Yield Infrastructure Trade
What to know:
Direct RWA token exposure doesn't work. The economic value from tokenization accrues to curators and issuers, not governance tokenholders - Kamino's 80% deposit growth alongside a 16% token decline is the cleanest proof of this.
The leverage problem is the most interesting
CoinDesk25m ago