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Reading: BlockSec: Moonwell Protocol Attacked, Leading to Over $1 Million in Losses on Base and Optimism Chains – Lookonchain – Looking for smartmoney onchain
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Smart Contracts

BlockSec: Moonwell Protocol Attacked, Leading to Over $1 Million in Losses on Base and Optimism Chains – Lookonchain – Looking for smartmoney onchain

Last updated: November 4, 2025 3:40 pm
Published: 4 months ago
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November 4th. According to official channels, BlockSec’s system identified a series of suspicious transactions aimed at the smart contracts of @MoonwellDeFi deployed on the #Base and #Optimism chains. An analysis shows that this incident originated from problems with the token price (rsETH/ETH) data provided by an off-chain oracle. This vulnerability might have been exploited by MEV bots, leading to losses exceeding $1 million.

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Previous Article StratumFi Builds Multi-Layer Liquidity Foundation, Ushering in a New Era of Institutional-Grade DeFi Interoperability
Next Article $1 Million Vanishes! Moonwell Hit by Oracle Exploit on Base and Optimism
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