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Euler Finance Flash Loan Attack

Exploit
Euler • eDAI
Date
March 13, 2023
Est. Loss
$197.00M
Chain
eth
Direct vault exploit
No

Taxonomy (scoring alignment)

Category: strategy protocolMechanism: donation attackMaps to: protocol_risk, strategy, return_loss, drawdown
Affected assets: DAI, USDC, WBTC, stETH
Donation attack exploited vulnerable donate() function. Attacker donated assets to skew exchange rates, then drained ~$197M across multiple Euler markets. One of the largest DeFi hacks.
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