More Markets lending protocol on Flow EVM loses $9.3M in WFLOW tokens due to exploit involving Ankr liquid staking token.

More Markets, a lending protocol on Flow EVM, was exploited resulting in the loss of about 15.5 million WFLOW tokens, valued at roughly $9.3 million. The attack involved the use of an Ankr bonded liquid staking token (LST) combined with the protocol's E Mode mechanism. Security firm Blockaid identified the exploit and subsequent fund transfers but has not confirmed the final loss or the attacker's holdings. The incident highlights risks in DeFi protocols using liquid staking tokens and complex mechanisms, with investigations ongoing to clarify the technical details and asset destinations.