LUNA price feed discrepancy leads to attack on 2 DeFi protocols
Fri, May 13, 2022 3:29 PM

LUNA price feed discrepancy leads to attack on 2 DeFi protocols

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Two DeFi protocols got exploited due to price discrepancy after Chainlink paused the LUNA oracle. Blizz Finance reported that the price of LUNA was stuck at $0.10, which gave the attacker the opportunity to drain the platform before its team could pause the transaction. Similarly, for Venus Protocol, the price was stuck at $0.107. The platform lost $11.2 million.

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