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Detail Analysis

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Date:

Status:

Incident Count:

July 19, 2021

Verified

1

Contributor:

zerofriction.io

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KYC By:

KYC:

None

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Audit By:

Audits:

None

Loss Amount:

515,000

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Recovered Amount:

-

Currency:

Dollars, ETH

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Ethereum

Protocol

Yield

Flash Loans

Extended Method:

Flash loan attack

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The DeFi project Array Finance was attacked by a lightning loan. The attacker used Array Finance's pricing mechanism to rely on aBPT's totalSupply to attack Array Finance. Officials stated that the attacker made a profit of about 273 ETH, worth about $515,000.

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Under no circumstances, shall Zero Friction LLC be liable for any loss of profit or funds, any regulatory or governmental penalties, any legal costs, or any other commercial and non-commercial damages, including but not limited to special, incidental, consequential, or other damages from any or all usage of the dataset or information derived from our database.