Eralend Flash Loan Attack: $2.76M Reported Loss
On July 25th, according to reports from several users, Eralend, the lending protocol on Zksync, was attacked by lightning loans, and it is currently unable to borrow, but it can be proposed temporarily.
- Reported loss
- $ 2,760,000
- Attack category
- Flash Loan Attack
Incident Overview
On July 26, EraLend released the progress of the attack. EraLend stated that the attacker manipulated the price of the oracle machine, resulting in the USDC mining pool being used for about 2.76 million US dollars. All other pools remain safe and unaffected. The attackers used multiple bridges to spread the exploited funds across multiple wallets on various chains.
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.