ChainBleedv0.1 · open intel
← back to feed·ETHFLASHLOAN2023-11-11 · 2y ago
Incident · SLOWMIST

Raft Protocol

Flash Loan Attack
Estimated loss
$3.30M
VERDICT —UNRATED
Verdict pending. Auto-ingested incidents are reviewed before a public verdict is rendered.
▰ METHOD
FLASHLOAN
FLASHLOANBYTECODE CATCHABLEAI SCANNABLE
Root cause

Root-cause analysis not yet published. The incident description below contains all currently available signal — review the attack transaction directly for definitive forensics.

▰ PROOF OF CONCEPT
DEFIHACKLABS
src/test/2023-11/Raft_exp.sol
view forked test on github ↗

Reproducible Foundry test fork from SunWeb3Sec/DeFiHackLabs. Clone the repo, run forge test against the file path above, and replay the exploit against a mainnet fork at the historical block. Use for reproduction only — not for live targets.

Forensic narrative

The stablecoin protocol Raft protocol on Ethereum was attacked and lost about $3.3 million in ETH. Attack method (per SlowMist): Flash Loan Attack. Reported loss: $ 3,300,000.

Primary source
https://twitter.com/raft_fi/status/1723057566664548623
Sourced from
slowmist
Technical record
chain
ethereum
protocol
Raft Protocol
bug_class
flashloan
date_occurred
2023-11-11
loss_usd
$3,300,000
source_id
sm:raft-protocol::2023-11-11
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