Sonne Finance Suffers Exploit

May 15, 2024 Tóth Balázs
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Sonne Finance, the first decentralized lending protocol on Optimism, announced that it suffered an attack resulting in approximately $20 million in losses. The exploit occurred due to a vulnerability in one of Sonne’s Compound v2 forks. The company has suspended all markets on Optimism, while those on Base remain operational.
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