Foresight News|Aug 31, 2026 10:44
[Float Protocol Suffers Flash Loan Price Manipulation Attack, Losing Approximately $28,000]
According to Foresight News, citing SlowMist monitoring, Float Protocol suffered a flash loan attack, resulting in a loss of approximately $28,000 (10.71 ETH). The attacker manipulated the Uniswap V3 spot price (slot0) through a flash loan, causing an incorrect valuation of LP shares in the Hypervisor contract. The relevant key functions lacked TWAP/oracle verification and slippage protection mechanisms. The attacker distorted the values of currentTick() and getTotalAmounts() by conducting large transactions in the V3 liquidity pool, then repeatedly deposited and withdrew the inflated share value to arbitrage.
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