Security Incident · Exchange
CometDEX Smart Contract Vulnerability: $717.52K Reported Loss
The BLND-USDC liquidity pool of CometDEX (Comet AMM) on the Stellar network was exploited due to an accounting bug that allowed same-asset swaps (USDC→USDC), corrupting reserve calculations.
- Reported loss
- $ 717,518.92
- Attack category
- Smart Contract Vulnerability
Incident Overview
The attacker used flash loans from a Blend pool and repeated the process about 36 times to extract excess funds, resulting in a loss of approximately $717,518.92 USDC. Funds were subsequently moved.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.