Medium Smart contract exploit Source: Blockaid

Blockaid detected an exploit on old Flamincome contracts by Flamingo Finance

Blockaid detected an exploit on old Flamincome contracts by Flamingo Finance. An attacker used a flash loan of approximately $18M USDT, inflated the VaultYUSDT share price, and redeemed liquid aUSDT, resulting in about $345.9k USDT profit so far.

Estimated loss
$345,900
Protocols
Flamincome, Flamingo Finance
Confidence
High
First seen
16 Sep 2026, 14:28 UTC

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