MoonwellDeFi suffered a loss of approximately $8.7 million USD due to an attacker manipulating the price of MAMO, which was used as collateral
MoonwellDeFi suffered a loss of approximately $8.7 million USD due to an attacker manipulating the price of MAMO, which was used as collateral. The protocol relied on a price from a thin market, allowing the attacker to borrow funds.
- Estimated loss
- $8,700,000
- Protocols
- MoonwellDeFi
- Confidence
- High
- First seen
- 27 Aug 2026, 12:28 UTC