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ID:

vesper-finance-204

Date:

Status:

Incident Count:

November 3, 2021

Verified

3

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REKT

Contributor:

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zerofriction.io

KYC By:

KYC:

None

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Audit By:

Audits:

CoinInspect, DeFiSafety

Loss Amount:

3,000,000

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Recovered:

-

Rewards:

Currency:

USD, VUSD, vVSP

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Ethereum

Protocol

Yield

Contract Vulnerabilities

Extended Method:

Oracle manipulation

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Days in Operation:

759

(2.08 Years)

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Vesper Finance suffered an oracle manipulation attack. An attacker created a Uniswap LP position on VUSD. As VUSD is a low-liquidity token, the attacker was able to manipulate and raise the VUSD price. This enabled it to come to the Rari Fuse pool #23 (“Vesper Lend Beta”) with inflated collateral, which was used to borrow all of the tokens from that pool.

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