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Makina

Jan 20, 2026

$4.2M
Lost
$4.2M
Recovered
$3.4M
Net loss
$790K
Majority81% recovered

An attacker took a $280M flashloan and used $170M to manipulate Makina's sharePrice oracle via three compounding flaws: permissionless oracle updates, synchronous Curve spot prices with no TWAP, and pre-approved Weiroll paths. 2M.

How the exploit worked

View reproducible PoC

Price Oracle Manipulation.

Lost: 5.1M USD

Source: DeFiHackLabs (SunWeb3Sec)

Target
DeFi
Classification
Oracle Manipulation
Technique
Spot Price Manipulation
Attribution
Unknown
Chains
Ethereum

Event timeline

  1. Jan 20, 2026
    Exploit executed — $4.2M drained via spot price manipulation
  2. Attributed to Unknown
  3. Recovery status Majority 81%

Data credits

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