Security Incident
Formation.Fi Flash Loan Attack: $100.00K Reported Loss
DeFi protocol Formation.Fi was attacked by flash loans.
- Reported loss
- $ 100,000
- Attack category
- Flash Loan Attack
Incident Overview
The main reason for this incident is that the project party underestimated the impact of fee on totalTokens when designing the function swapIn, and ignored the impact of decimal point accuracy between different tokens.
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.