🔥 DeFi deep dive: Flash loans
Flash loans aren’t a vulnerability in themselves; in an attack, they’re simply used to amplify the amount of capital involved. The real problem usually lies in the attacked protocol’s price source or contract logic.
When choosing a protocol, pay attention to where its prices come from: protocols that rely only on the real-time price of a single DEX pool are more vulnerable to flash-loan attacks.
The lending protocol behind $AAVE , Aave, supports flash loans. Currently 159.11.
What other topics would you like to learn about? Let me know in the comments.
#AAVE
Flash loans aren’t a vulnerability in themselves; in an attack, they’re simply used to amplify the amount of capital involved. The real problem usually lies in the attacked protocol’s price source or contract logic.
When choosing a protocol, pay attention to where its prices come from: protocols that rely only on the real-time price of a single DEX pool are more vulnerable to flash-loan attacks.
The lending protocol behind $AAVE , Aave, supports flash loans. Currently 159.11.
What other topics would you like to learn about? Let me know in the comments.
#AAVE