Singularity Finance Hack

Reported loss $413K
Base
Oracle Misconfiguration

What happened

On April 27, 2026, a Singularity Finance vault on Base was exploited for about $413,000 after misconfigured oracle pricing undervalued non-USDC reserves.

Technical root cause

A misconfigured Uniswap V3 oracle queried an unsupported fee tier and accepted a zero price for non-USDC reserves without a sanity check. The resulting understated totalAssets value enabled ERC-4626 share-mint inflation.

How it happened

The attacker flash-loaned 100,000 USDC, deposited it into dynBaseUSDCv3 while its oracle valued non-USDC reserves at zero, minted nearly all vault shares at the distorted ratio, and redeemed the shares for the valuable underlying reserves.

Protocol details

Classification Oracle Manipulation
Protocol Type Yield
Implementation language Solidity
Protocol links Website @Singularity_Fi

Market Context at Time of Hack

Token Price at Hack $0.00565114
Market Cap at Hack $967K
Reported loss / token market cap 42.69%
Token Categories
Asset Management AI & Big Data DeFi Staking Ethereum Ecosystem Yield Farming DeFi Index BNB Chain Ecosystem

Security review history

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