TechFlow News: On March 3, according to GoPlus monitoring, sDOLA on LlamaLend suffered a flash loan–based price manipulation attack, resulting in losses of approximately $240,000 (including 6.74 WETH and 227,325 DOLA). The attacker manipulated the sDOLA price via flash loans and donations, raising the exchange rate of 1 sDOLA from 1.189 DOLA to 1.353 DOLA. This price fluctuation caused the health factors of multiple accounts in the crvUSD Controller to fall below zero, triggering liquidation conditions. The attacker’s contract acted as the liquidator, claimed rewards, swapped assets, repaid the flash loan, and profited.
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