Digital Asset
Intelligence
Security Incident · Avalanche Ecosystem

Zabu Finance Contract Vulnerability: $3.20M Reported Loss

·Historical incident record

Incident Overview

The Zabu Finance project on the Avalanche chain suffered a flash loan attack. Officially, the attackers withdrew 4.5 billion ZABU tokens from the Zabu Farm Contract, bringing the supply to 5 billion and dumping all of it to ZABU’s Pangolin LPs and Trader Joe LPs. According to DeFi analytics provider DeFiprime, the total was estimated at $3.2 million in exploits.

Sources & References

Original incident referencehttps://www.coindesk.com/tech/2021/09/13/avalanche-based-zabu-finance-exploited-in-32m-hack/ (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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