ChainCatcher reports that sDOLA LlamaLend was subjected to a flash loan price manipulation attack, resulting in a loss of approximately $240,000, including 6.74 WETH and 227,325 DOLA.
The attacker used flash loans and donations to manipulate the sDOLA price, raising the exchange rate from 1.189 DOLA to 1.353 DOLA per 1 sDOLA. This price fluctuation caused multiple accounts in the crvUSD Controller to have health factors below 0, triggering liquidation conditions. After the attack contract received rewards as a liquidator, it exchanged assets, repaid the flash loan, and profited.
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