TheDeFiDan.eth 🦇🔊

My Job is to Yield Farm | #DeFi

[TheDeFiDan.eth 🦇🔊 @TheDeFiDan]

Possible infinite mint exploit StakeDao - https://t.co/MaLorCQ7nR

[TheDeFiDan.eth 🦇🔊 @TheDeFiDan]

https://t.co/xwOkt0YgKb

Would be the easiest @circle freeze but they won't do it

[TheDeFiDan.eth 🦇🔊 @TheDeFiDan]

https://t.co/ZSRH1Pbh4y

@ShapeShift I think you should take a look at this

[Marc Zeller @Marczeller]

if you still own LEND, Aave labs decided to raise unexpectedly a proposal to AIP stage.

You have 5 days to migrate or you will lose your ability to do it and hold worthless tokens.

While I supported working on this in the past, doing it overnight in a whole different context of ownership of the DAO is clearly not something I support.

We're talking about 30m$ worth of tokens at current market price.

here's the migration contact:

https://t.co/WFz19pEZTV

[TheDeFiDan.eth 🦇🔊 @TheDeFiDan]

@dcfgod +22.4k ETH in Umbrella is probably enough to fill the hole

[TheDeFiDan.eth 🦇🔊 @TheDeFiDan]

@pythianism aBasWETH = 0.95371 ETH
aArbWETH = 0.98454 ETH
aEthWETH = 0.99722 ETH

Low liquidity but interesting to see what these atokens are trading at.

[Ethereum Intern @ethereumintern_]

@hyperbridge @inversebrah get me in

[MLM @mlmabc]

In total, $270.6M worth of assets was exploited on Drift, which is around 50% of its TVL.

Assets stolen in dollars:

$5.3M USDS
$60.4M USDC
$5.65M USDT
$430K JUP
$540K USDY
$590K ZBTC
$680K EURC
$1M BSOL
$2.5M INF
$2M MSOL
$3.3M SYRUPUSDC
$4.1M FARTCOIN
$4.4M WBTC
$3.6M JITOSOL
$4.7M WETH
$4.5M DSOL
$11.3M CBBTC
$155.6M JPL

HkGz4KmoZ7Zmk7HN6ndJ31UJ1qZ2qgwQxgVqQwovpZES

[TheDeFiDan.eth 🦇🔊 @TheDeFiDan]

DRIFT looks to be hacked, damage 9figs it seems

[YAM 🌱 @yieldsandmore]

RLP, @ResolvLabs's junior tranche might face losses given the USR exploit. There's 29,999,625 RLP in circulation, or about $38,616,759 at the pre-exploit price.

The biggest holder? @StreamDefi.
A 13,627,618 RLP position on Morpho with $511,507 of USDC debt. That comes out to ~$17m of net exposure, and therefore possibly ANOTHER big loss for stream depositors.

Wallet: https://t.co/hP8EFzIWe7

@yield's yoUSD also holds 943,248 RLP, or $1,214,187. Will they cover the (potential) losses this time?

Wallet: https://t.co/iMunG5fUgm

[bheau @bh359]

correct me if I'm wrong but this seems like the largest ever single-block builder profit in ethereum history, ~$33m to titan

it also may be one of the largest MEV block rewards ever on eth, a 568 ETH proposer payment which falls just behind the SVB USDC depeg (had a 692 ETH payment), 2023 sushiswap whitehat hack (689 ETH), and 2023 curve whitehat hack (584 ETH)

others already commented on the original issues with the order (illiquid route + insane $155k AAVE limit price), but here's where the $50m went:

- $36k to the user's cowswap order (331 AAVE)

- $619k cowswap solver fee

- ~$9.9m to the MEV bot that backran the 17,957 ETH -> 331 AAVE swap (backrun was 128 AAVE -> 17,959 ETH)

- another ~$2.6m to the same MEV bot from backrunning the $50m USDT -> $37m WETH swap over multiple txs

- ~$34.3m fee to titan from the MEV bot (includes $1.2m to lido as the block proposer)

- ~$3.5m in dex swap fees + residual smaller arb txs

insane payday for titan, who sent their profits to coinbase, and this single MEV bot took the majority of the arbs in both the illiquid AAVE/WETH pool and the $13m slippage swap in the main USDT/WETH pool

[TheDeFiDan.eth 🦇🔊 @TheDeFiDan]

@archivepilled Surprised this was new.

[TheDeFiDan.eth 🦇🔊 @TheDeFiDan]

"The Aave Chan Initiative was built for Aave. Without a future in the Aave ecosystem, the name no longer applies. ACI will wrap up as our obligations conclude.

It has been an honor to serve the Aave DAO. We did our best."

:-(

https://t.co/HZos2LgJV1

[Security Alliance @_SEAL_Org]

The @_SEAL_Org Intel team is tracking multiple attacks targeting @EthereumDenver attendees. These are bogus NFT and POAP claim sites linking to cryptocurrency drainers: An attack designed to drain all the funds from victim wallets.

[bgdlabs @bgdlabs]

BGD will be leaving Aave
https://t.co/76L0MBpTQn

[TheDeFiDan.eth 🦇🔊 @TheDeFiDan]

@Euphoria_fi Code plz

[TheDeFiDan.eth 🦇🔊 @TheDeFiDan]

@StaniKulechov What I find particularly funny is that I'm pretty sure we can hold more than 20k of foreign stablecoins just not GBP.

[TheDeFiDan.eth 🦇🔊 @TheDeFiDan]

@Dogetoshi https://t.co/NNSZLyPBQS

Being liquidated now

[TheDeFiDan.eth 🦇🔊 @TheDeFiDan]

@BellaProtocol Please take a look

https://t.co/0zBtTKaKTw

[TheDeFiDan.eth 🦇🔊 @TheDeFiDan]

@darknight_ethh @aave @StaniKulechov @Marczeller @0xKolten Where is the link to this dashboard?