Incident Overview
A TranchePool on Avalanche associated with Valinor Digital, Oatfi, and Fence Finance was exploited due to a settlement logic flaw. At the UTC day rollover, a scheduled principal payment was incorrectly treated as received, artificially restoring ~$1.013M of draw capacity and allowing the attacker to draw the same amount of USDC a second time.
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.