It has come to light which DeFi protocols and tokens in the cryptocurrency industry affected the nearly $200 million flash loan attack on decentralized finance (DeFi) protocol Euler Finance.
Euler Finance, yesterday at noon 200 million dollars One flash loan was attacked. Attacks based on preliminary data 11 different DeFi protocols Impressed. If the total cumulative loss $37.6 million reached. Many protocols have temporarily suspended transactions in liquidity pools due to these effects.
The general positive mood of the market helped the native tokens of these protocols to mildly dodge the attack, while those among the exposed 11% of Yield Protocol (YIELD)The decline of ‘ did not go unnoticed.
Balancer (BAL)
Balancer was among the protocols indirectly affected by the attack. Made by team in the statementapproximately one of Balancer’s liquidity pools, which has over $1 billion in Total Locked Assets (TVL). $11.9 million worth of the token was sent to Euler Finance at the time of exploitation.
After the developments, the Balancer team stepped in quickly, pausing the emergency subDAO pool and went into recovery mode. However, when paused, the TVL of the pool 65%More than ten had already been lost.
HONEY price in the last 24 hours 5.6% soaring $6.61 reached.
Angle Protocol
In the report shared by Angle Protocol after the attack, the project was attacked. 17 million dollars value may have been exposed. Team pegged to euro agEUR temporarily halted all printing and redemption of agEUR, citing that the stablecoin may be experiencing collateral issues.
unaffected by events agEURdid not suffer any loss of stability.
Idle Finance
Idle Finance details the losses incurred due to Euler Finance abuse. shared. Posted by the team Loss of $5.9 million reported to have occurred. To prevent further losses, the team has reviewed all Euler Finance related “Best Yield” stopped liquidity pools.
Yearn Finance
Yearn.Finance (YFI) was also among those indirectly exposed to the Euler Finance flash loan attack. Made by team in the statementapproximately $1.38 millionWhile explaining the damage, it was stated that this damage caused by the attackers would be compensated by Yearn Finance’s own treasury if necessary.
defecation TVL in liquidity pools of Yearn.Finance $423 million exceeds. YFI price in the last 24 hours 7.7% soaring $8,963 reached.
Yield Protocol
Yield Protocol (YIELD) team’s attack in the announcementmainnet liquidity pools are built on Euler Finance and this situation 1.5 million dollars It was stated that it caused the loss. The team has temporarily suspended operations on mainnet pools to avoid further losses.
YIELD price in the last 24 hours %11th It lost value and became one of the assets most affected by this situation. At the time of writing the YIELD news from $0.0025 is being traded.
InverseFinance
InverseFinance due to the attack 860 thousand dollars lost its worth announced. The team said it is in contact with Balancer to ensure these funds are returned to depositors.
SwissBorg
SwissBorg (CHSB) protocol to recover from the effects of the attack with little loss. succeeded. The team stated that risk management protocols help keep the extent of the damage to a minimum, while emphasizing that users will not be affected in any way.
CHSB in the last 24 hours 2.7% soaring 0.205 reached dollars.
Additionally Opyn, mean, sense And Harvest Their protocols also stated that they were affected by the attack, but they did not give a clear explanation of the amount of loss.
Action taken for stolen funds
On the other hand, according to the latest statements, the Euler Finance team stated that they took action for the stolen funds. The team is trying to contact the attacker for a possible bargain while blocking the exploited module. In addition, the research process carried out by Euler Finance with law enforcement continues.
CoinGecko according to the data, in parallel with the attack Euler There was also a significant drop in price. Before the attack $6.2 traded at the EULafter the events 55% down $2.88 as much as it declined. EUL at the time of writing from $3.02 is being traded.