Lien Finance Drained $542K via Bond Token Logic Bug
- DeFi Protocol
- Security
Lien Finance's GeneralizedDotc bond-to-ERC20 OTC pools were exploited on July 24 for $542K. The attack targeted a price manipulation vulnerability in the bond token logic on Ethereum. PeckShield and other firms confirmed the drain.
Incident Details
- Type
- PROTOCOL EXPLOIT
- Funds Lost
- $542K
- Status
- Total loss
Protocol paused affected pools. Smallest loss in the July wave.