2026-01-09 08:24:32

A flash loan attack incident has occurred on the SEI chain. The attacker exploited a vulnerability in the synnaxfi contract, borrowing approximately 1.96 million WSEI (worth about $240,000) through a flash loan in a single transaction, but failed to repay according to the protocol rules. This incident once again reminds DeFi participants: although flash loans have low barriers to entry and high liquidity, the hidden risks should not be underestimated. Any weak point in contract security audits, risk control mechanisms, or lending protocol design could be exploited by attackers.

SEI-0,91%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

15 Likes

Reward
15
6
Repost
Share

Comment

0/400

MetaverseLandlady

· 01-11 18:46

Flash loans are truly a double-edged sword—extremely low entry barriers but incredibly high risks. Yet another project that failed an audit.

View OriginalReply0

AirdropDreamBreaker

· 01-11 12:37

Another flash loan, did SEI also get caught this time? How did the synnaxfi audit go?

View OriginalReply0

AllInAlice

· 01-09 08:54

Another one? SEI is about to be targeted.

View OriginalReply0

StrawberryIce

· 01-09 08:45

Flash loans got hacked again, and this time SEI also couldn't escape. To be honest, audits are essentially useless.

View OriginalReply0

HodlKumamon

· 01-09 08:41

Another flash loan... Basically, it's a vulnerability in the smart contract code, and they just exploited it. $240,000 USD. This account needs to be carefully calculated.

View OriginalReply0

ContractExplorer

· 01-09 08:32

Another flash loan vulnerability... These project teams really need to take audits seriously, or they'll inevitably suffer total losses sooner or later.

View OriginalReply0