Security Incident · Avalanche Ecosystem
Nereus Flash Loan Attack
The project Nereus Finance on AVAX was attacked.
- Reported loss
- 371,000 USDC
- Attack category
- Flash Loan Attack
Incident Overview
The attacker made a profit of about 371,000 USDC by using the classic flash loan attack mode, namely "flash loan -> skew reserve -> fake LP token pricing -> repay the flash loan".
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.