Aftermath Finance perpetual contract protocol suffers attack, approximately 1.1 million USDC stolen
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Jinse Finance reported that, according to monitoring by security firm Blockaid, the perpetual contract protocol of Aftermath Finance on the Sui Network is currently undergoing an attack, with approximately $1.1 million USDC stolen through 11 transactions in about 36 minutes. Analysis indicates that the vulnerability stemmed from a fee accounting flaw in the perpetual contract liquidation system, which attackers exploited to artificially inflate synthetic collateral and withdraw funds from the protocol vault. Blockaid stated that it has identified and flagged the attack, and is currently assisting the Aftermath Finance and Mysten Labs teams in responding. More investigative findings will be disclosed in the future.
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