Security Incident
Compound Oracle Attack
Compound's price feed error caused the liquidation of $90 million in assets.
- Attack category
- Oracle Attack
Incident Overview
According to DeBank founder, the huge liquidation of Compound was caused by the dramatic fluctuations in the DAI price of the oracle information source Coinbase Pro. It is a typical oracle attack to manipulate the information source that the oracle relies on to perform short-term price manipulation to achieve misleading prices on the chain.
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.