Digital Asset
Intelligence
Security Incident

Moonwell Price Manipulation: $8.70M Reported Loss

·Historical incident record

Incident Overview

Base-based DeFi lending protocol Moonwell was attacked. The attacker inflated the price of the low-liquidity token MAMO, posted it as collateral, and borrowed real assets such as cbBTC and USDC from markets including mCBTC and mUSDC.

Sources & References

Original incident referencehttps://x.com/blockaid_/status/2092914508666753081 (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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