{"id":2515,"date":"2026-07-12T05:31:03","date_gmt":"2026-07-12T05:31:03","guid":{"rendered":"https:\/\/xrpfaucet.site\/?p=2515"},"modified":"2026-07-12T05:31:03","modified_gmt":"2026-07-12T05:31:03","slug":"bonzo-lends-total-value-locked-plunges-77-as-9-million-oracle-exploit-rattles-hedera","status":"publish","type":"post","link":"https:\/\/xrpfaucet.site\/?p=2515","title":{"rendered":"Bonzo Lend’s total value locked plunges 77% as $9 million oracle exploit rattles Hedera"},"content":{"rendered":"
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Bonzo Lend, a decentralized lending protocol on the Hedera network, suffered an estimated $9.05 million loss after an attacker exploited a verification flaw in a third-party Supra oracle contract, allowing them to borrow assets far exceeding the value of their collateral.<\/p>\n

The attacker deposited 250 SAUCE tokens with little value, before submitting a manipulated price update that inflated the token\u2019s HBAR-denominated value, according to a preliminary incident report<\/a> from Bonzo.<\/p>\n

The protocol said the account subsequently borrowed 6.63 million USDC and 34.52 million wrapped HBAR. At the report\u2019s reference HBAR price of $0.06998, the two withdrawals were worth approximately $9.05 million.<\/p>\n

A second wallet, the report adds, borrowed roughly $1 million of additional assets while the abnormal price remained active. The wallet later contacted Bonzo through Discord, identified itself as a white-hat responder to the incident and said it intended to return the funds.<\/p>\n

Bonzo excluded those assets from its headline loss estimate, placing total principal borrowed during the incident at approximately $10.06 million before recovery.<\/p>\n

Hedera, according to DeFLlama data<\/a>now has $25.7 million in total value locked (TVL). The figure dropped nearly 40% in the last 24 hours after the exploit. With Bonzo\u2019s TVL<\/p>\n<\/div>\n

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\ud83d\udcf0 Exclusive Crypto News & Analysis: Stay ahead with the latest developments in the cryptocurrency and blockchain space. \ud83d\udcc8 Market Update: Real-time price movements, technical analysis, and trading signals. Bonzo Lend, a decentralized lending protocol on the Hedera network, suffered an estimated $9.05 million loss after an attacker exploited a verification flaw in a third-party …<\/p>\n","protected":false},"author":1,"featured_media":2516,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","footnotes":""},"categories":[10],"tags":[358,1043],"class_list":["post-2515","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-crypto-news","tag-web3"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/posts\/2515","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2515"}],"version-history":[{"count":0,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/posts\/2515\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=\/wp\/v2\/media\/2516"}],"wp:attachment":[{"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2515"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2515"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xrpfaucet.site\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2515"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}