Decoding UwU Lend’s $19.4 Million Exploit

2024-06-11 Quill Audits

https://www.quillaudits.com/blog/hack-analysis/uwu-lend-hack

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With $173 million in these pools, the attacker used a 40K ETH flash loan to exploit the system. The protocol was paused soon after the exploit and UwU Lend acknowledged the exploit through their official X handle. The exploit could have been avoided by developing robust oracle prices based on a thorough understanding of liquidity dynamics.

Indicators of Compromise

Type Value First Seen Last Seen
URL https://uwulend.fi/ 2024-06-11 2024-06-11
DOMAIN uwulend.fi 2024-06-11 2024-06-11

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