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
Aave Secures $69,576 ETH Aid Pledges, Closing $5,505 ETH Gap in rsETH Recovery
Gate News message, April 25 — Aave has secured aid pledges totaling 69,576 ETH to cover losses from the rsETH incident, leaving a remaining shortfall of just 5,505 ETH, according to on-chain analyst Yu Jin. The lending protocol contributed 25,000 ETH (approximately $57.75 million) from its own
GateNews2h ago
JPMorgan: Tokenization Will Transform Funds Industry, But 'Good Use Cases' Still Years Away
JPMorgan Signals Tokenization as Industry-Wide Catalyst
Ciarán Fitzpatrick, JPMorgan's global head of ETF product, securities services, stated in a Friday post that tokenization will drive fundamental change across the entire funds industry, not just exchange-traded funds. "We believe tokenization
CryptoFrontier5h ago
Aave Proposes 25,000 ETH Contribution to DeFi United for Kelp DAO Exploit Recovery
Gate News message, April 24 — Aave service providers proposed a governance contribution of 25,000 ETH, worth approximately $58 million, from the protocol's DAO to DeFi United on Friday to help restore backing for rsETH following last week's Kelp DAO exploit. The attack compromised a LayerZero
GateNews6h ago
ADA Price Outlook as Cardano Lands LSE Tokenized Deal
Key Insights
Cardano tokenized a Hannover Re reinsurance product and listed it on the London Stock Exchange, expanding blockchain use in regulated institutional markets.
ADA price holds within a descending wedge as support at $0.2400 remains intact while resistance near $0.2550 and $0.2824 l
CryptoNewsLand7h ago
XRP Expands to Solana as wXRP Drives DeFi Access
Key Insights
Wrapped XRP on Solana surpasses 834,000 tokens, enabling new DeFi access while strengthening cross-chain liquidity and expanding XRP utility beyond its native ledger.
Ethereum and Solana dominate DeFi activity, while XRP Ledger trails significantly, driving the need for
CryptoNewsLand9h ago
Spark Protocol Q1 2026 Report: Total Protocol Revenue Reaches $31.5M
Gate News message, April 24 — Spark Protocol released its first-quarter 2026 financial report, showing total protocol revenue of $31.5 million, net protocol revenue of $6.91 million, and net protocol surplus of $3.46 million. The protocol's treasury now holds $46.1 million in assets, with $986,000 i
GateNews10h ago
