← Back

Wire · operational-macro

Bonzo Lend Loses $9M in Oracle Price Attack

Published

12 July 2026

Topic

operational-macro

Sectors

Crypto & Web3

Source

Read at forklog.com

Verified

Fusion42 · 13 July 2026 · Fusion42 review

Bonzo Lend, a DeFi protocol on Hedera, lost $9M when an attacker exploited a price oracle vulnerability from third-party provider Supra, inflating an asset price by a trillion times to borrow assets against minimal collateral. The protocol has suspended lending and is working with ecosystem partners to recover assets.

This Wire brief sits within Fusion42's coverage of Crypto & Web3.

◆ The Wire takeaway

If you're building a DeFi lending protocol, your price feed is now a live attack surface — and you can't trust the oracle provider's internal verification alone. The $9M hole here wasn't in Bonzo's code; it was in Supra's.

Coverage

1 source · 12 Jul 2026

Related on Wire

Topics

Crypto & Web3oracle-exploitdefi-securitysmart-contract-riskhedera-ecosystemthird-party-dependency