MEDIUMAvalanche·Flashloan Reentrancy Attack·#156 all-time
Platypus Finance
$8.5M stolenThursday, February 16, 2023 · 1212 days ago
Situation Summary
2/16/2023 — EXPLOIT DETECTED
Platypus Finance was exploited via a flashloan reentrancy attack attack on the Avalanche network. Approximately $8.5M in funds were drained from the protocol.
TECHNIQUE: FLASHLOAN REENTRANCY ATTACK
The attacker used a flashloan reentrancy attack vector to drain funds. Check the social reactions below for community analysis and on-chain investigation threads.
Social Reactions
Related — Flashloan Reentrancy Attack Exploits
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Data: DefiLlama · Monitoring Room