link.png

ID:

compound-ceth-1083

Date:

Status:

Incident Count:

August 30, 2022

Verified

4

info.png
target.png
REKT

Contributor:

chain.png

KYC By:

KYC:

None

info.png

Audit By:

Audits:

DefiSafety

Loss Amount:

-

info.png

Recovered:

-

Rewards:

Currency:

USD

info.png

Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Ethereum

Protocol

Dexes

Contract Vulnerabilities

Extended Method:

Price oracle error

info.png

Days in Operation:

1815

(4.97 Years)

chain.png
chain.png
chain.png
chain.png
datasource.png

An hour ago, Proposal 117 was executed, which updated the price feed that Compound v2 uses. This price feed, while audited by three auditors, contained an error that is causing transactions for ETH suppliers and borrowers to revert. Effectively, the cETH market is temporarily frozen. A new proposal, 119, has been created to revert to the previous price feed; this will take seven days to go into effect. Funds are not immediately at risk, but this is a developing situation.

info.png

DISCLAIMER: While web3rekt has used the best efforts in aggregating and maintaining this database, this web site makes no representations or warranties with respect to the accuracy or completeness of its information and data herein, and specifically disclaim any implied warranties of merchantability or fitness for any particular purpose. 

Under no circumstances, shall web3rekt be liable for any loss of profit or funds, any regulatory or governmental penalties, any legal costs, or any other commercial and non-commercial damages, including but not limited to special, incidental, consequential, or other damages from any or all usage of the data and information derived from this database.