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Exploit in Curve Finance's lending market causes $822K loss for 27 borrowers

Market News
31 Oct 2026, 14:37 WIB
Tokenpost
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Bearish
Exploit in Curve Finance's lending market causes $822K loss for 27 borrowers

On March 1, 2026, an exploit in Curve Finance's sDOLA/crvUSD LlamaLend market led to estimated losses of 822,475 crvUSD for 27 borrowers. The attack used a two-part flash loan to hard-liquidate positions, involving over 11.7 million crvUSD in collateral and nearly 11 million crvUSD in repaid debt. The loss represents about 7% of the collateral value seized from borrowers. Curve Finance responded by setting up a fundraising gauge capped at five million CRV to assist affected users, though details on funds raised or distributed remain unclear.

Curve DAO Token (CRV) has a market cap of Rp8,16 trillion and a 24-hour trading volume of Rp781,68 million on Pluang as of Oct 31, 2026, 18:51 WIB. Despite the March exploit causing significant losses in the crvUSD market, CRV's price is relatively stable, trading at Rp5.110 with a slight 0.89% decrease in the last day. Pluang users show strong buying interest with 89% buy orders and an average hold time of 62 days, indicating sustained confidence in the token.

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