Lending Rate Manipulation: Investigating the FilDA Finance Attack
ID: 2b961010-adb8-5054-ac06-564e05940a68
STIX ID: report--2b961010-adb8-5054-ac06-564e05940a68
Feed Name: CertiK Blog
Threat Score
On April 22, 2023 FilDA Finance was exploited for roughly $700K when an attacker donated a large amount of htHBTC to inflate the lending pool's exchangeRate calculation ((Cash + totalBorrows - totalReserves)/totalSupply), allowing them to borrow more than their collateral and drain funds; the vulnerable lending-pool contract was a new product outside CertiK's audit scope.
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