Security Incident
Moonwell Price Manipulation: $8.70M Reported Loss
Base-based DeFi lending protocol Moonwell was attacked.
- Reported loss
- $ 8,700,000
- Attack category
- Price Manipulation
Incident Overview
The attacker inflated the price of the low-liquidity token MAMO, posted it as collateral, and borrowed real assets such as cbBTC and USDC from markets including mCBTC and mUSDC.
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.