Alchemix V2

6/16/2021 — EXPLOIT DETECTED

Alchemix V2 was exploited via a borrow logic exploit attack on the Ethereum network. Approximately $6.5M in funds were drained from the protocol.

TECHNIQUE: BORROW LOGIC EXPLOIT

The attacker used a borrow logic exploit vector to drain funds. Check the social reactions below for community analysis and on-chain investigation threads.