AftermathFi Perpetual Contracts Exploited in Vulnerability Attack, ~$1.1M USDC Stolen
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AftermathFi Perpetual Contracts Exploited in Vulnerability Attack, ~$1.1M USDC Stolen
According to on-chain security firm Blockaid (@blockaid_), AftermathFi’s perpetual contract on Sui Network was exploited via a vulnerability on April 29. The attacker (address: 0x1a65...2d41e) stole approximately $1.1 million in USDC across 11 transactions within roughly 36 minutes. The attack exploited a flaw in the perpetual contract liquidation fee calculation, enabling illicit withdrawals from the protocol’s treasury via synthetic collateral inflation.
Navigating Web3 tides with focused insightsTechFlow news: On April 29, blockchain security firm Blockaid (@blockaid_) reported that AftermathFi’s perpetual contract on the Sui Network was exploited via a vulnerability. The attacker (address: 0x1a65...2d41e) stole approximately $1.1 million in USDC across 11 transactions within roughly 36 minutes. This attack exploited a flaw in the perpetual contract liquidation engine’s fee calculation, enabling unauthorized withdrawals from the protocol’s treasury through synthetic collateral inflation.
