7 DeFi protocol hacks in Feb sees $21 million in funds pilfered: DefiLlama By Cointelegraph

March 6, 2023 Alex Rustok



Reentrancy, price oracle attacks and exploits across seven protocols caused the decentralized finance (DeFi) space to bleed at least $21 million in crypto in February.

According to DeFi-centric data analytics platform DefiLlama, one of the largest in the month was the flash loan reentrancy attack on Platypus Finance, which led to $8.5 million of funds lost.

DeFi platforms suffered seven attacks throughout February. Source: DefiLlama

BonqDAO: $1.7 million

Orion Protocol: $3 million

dForce Network: $3.65 million

Platypus Finance: $9.1 million

Hope Finance: $1.86 million

Dexible: $2 million

LaunchZone: $700,000