Rapid Insights: Curve Finance Exploits Reveal Critical Compiler-level Vulnerability

DeFi ProtocolsAugust 1, 2023, 10:28AM EDT
Rapid Insights: Curve Finance Exploits Reveal Critical Compiler-level Vulnerability
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Curve Finance, the second-largest decentralized exchange (DEX) by total value locked (TVL), was exploited on July 30 amid Ethereum’s eighth anniversary. In this issue of Rapid Ingishts, we look into the root cause of the exploits, the timeline of the attacks, and the contagion induced by the incident.

Several liquidity pools on Curve Finance contain a reentrancy vulnerability.

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