Conic Finance Incident Analysis
ID: 2005e853-5e9f-5725-8279-70b70c2ec8ea
STIX ID: report--2005e853-5e9f-5725-8279-70b70c2ec8ea
Feed Name: CertiK Blog
Threat Score
On 21 July 2023 Conic Finance's ETH Omnipool was exploited via a flash loan combined with a read-only reentrancy vulnerability (caused by an incorrect ETH/WETH assumption), resulting in ~1724 ETH (~$3.2M) stolen and an additional ~$300K lost to MEV arbitrage in the crvUSD pool; the report documents attacker addresses, transaction flow, root cause, and partial recovery/bounty actions.
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