Digital Asset
Intelligence
Security Incident

Formation.Fi Flash Loan Attack: $100.00K Reported Loss

·Historical incident record

Incident Overview

DeFi protocol Formation.Fi was attacked by flash loans. The main reason for this incident is that the project party underestimated the impact of fee on totalTokens when designing the function swapIn, and ignored the impact of decimal point accuracy between different tokens.

Sources & References

Original incident referencehttps://formation-fi.medium.com/greetings-formation-fi-community-supporters-investors-and-friends-b09d673cda8a (opens in a new tab)

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.

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