{"id":627708,"date":"2026-07-11T12:54:00","date_gmt":"2026-07-11T12:54:00","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/07\/11\/bonzo-lend-loses-9m-in-oracle-exploit-on-hedera\/"},"modified":"2026-07-11T12:54:00","modified_gmt":"2026-07-11T12:54:00","slug":"bonzo-lend-loses-9m-in-oracle-exploit-on-hedera","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/07\/11\/bonzo-lend-loses-9m-in-oracle-exploit-on-hedera\/","title":{"rendered":"Bonzo Lend loses $9M in oracle exploit on Hedera"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/hi-image-for-evergreenguide-about-iota-price-prediction-1.jpg\" alt=\"Bonzo Lend loses $9M in oracle exploit on Hedera\" class=\"type:primaryImage\" \/><\/p>\n<p>An attacker inflated the value of SAUCE collateral and borrowed $9 million from Bonzo Lend through a flaw in Supra\u2019s on-chain oracle verifier.<\/p>\n<p>Hedera-based lending protocol Bonzo Lend lost about $9 million after an attacker manipulated the price of SAUCE used as collateral, allowing the account to borrow assets far beyond the value deposited.<\/p>\n<p>In a preliminary incident report published Saturday, Bonzo <a href=\"https:\/\/bonzo.finance\/blog\/bonzo-lend-incident-report-oracle-provider-exploit\">said<\/a> the attacker deposited 250 SAUCE, worth only a few dollars, before submitting a price update that inflated the token\u2019s value by roughly 12 orders of magnitude. The wallet then borrowed 6.63 million USDC and 34.5 million wrapped HBAR from the lending pool.<\/p>\n<p>The case illustrates how oracle failures can turn low-value collateral into a tool for draining large amounts of liquidity from lending protocols, even when the application and underlying network continue operating as designed.\u00a0<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/bonzo-lend-9m-oracle-exploit-hedera\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>An attacker inflated the value of SAUCE collateral and borrowed $9 million from Bonzo Lend through a flaw in Supra\u2019s on-chain oracle verifier. Hedera-based lending protocol Bonzo Lend lost about $9 million after an attacker manipulated the price of SAUCE used as collateral, allowing the account to borrow assets far beyond the value deposited. In [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":627709,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-627708","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/627708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=627708"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/627708\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/627709"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=627708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=627708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=627708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}