Singularity Finance hacked
Singularity Finance vaults were exploited due to an oracle misconfiguration where an unsupported fee tier caused the oracle to value non-USDC reserves at zero. An attacker used a flash loan to mint vault shares at this incorrect ratio and redeemed them for actual assets, draining approximately $413,000. The misconfiguration had been present for about three months.
- Estimated loss
- $413,000
- Protocols
- Singularity Finance
- Chains
- Base
- Confidence
- High
- First seen
- 27 Apr 2026, 00:00 UTC