Roe Finance Hack

TOTAL LOST $80K
Low Flash Loan Attacks ethereum polygon

What happened

ROE Finance was exploited on 11th, January 2023. The exploiter's profit is about $80k USD.

RoeFinance, a decentralized finance (DeFi) protocol, recently suffered an attack resulting in the drain of its victim pool (0x574f) and a total loss of approximately $80K. This type of attack, known as price manipulation, was made possible by the limited liquidity of the pool, which led to the manipulation of the price oracle.

The attack involved the use of two addresses (0x67a9 and 0x3afb) and was carried out in 10 steps, resulting in a total profit of approximately $80K, or the equivalent of 2.29 WBTC and 39,982 USDC.

It's important to note that the original attack transaction can be found at https://etherscan.io/address/0x15d87dc2…04344d, which was front-run by a mev bot.

Exploit TX:

https://etherscan.io/tx/0x927b7841…98985b

Vulnerable pool:

https://etherscan.io/address/0x574FF391…e398d0

Attacker: 0x67a909f2…2d0795

Attacker2: 0xE2Ba15be…48FB8B

Case & protocol details

Classification Ecosystem / Exchange (DEX) / Oracle Manipulation
Protocol Type Lending
Official Website www.roe.finance/
Protocol Twitter/X @RoeFinance

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