Flash loans explained in a few sentences:
Flash loans let users borrow and repay within the same transaction, without any collateral.
Flash loans work without collateral because transactions are atomic: the entire transaction either succeeds or fails, so borrowed funds can never go unpaid.
When evaluating a protocol, look at where its prices come from: protocols that rely only on the spot price of a single DEX pool are more vulnerable to flash loan manipulation.
$AAVE 157.39（+1.98%）
#AAVE
Flash loans let users borrow and repay within the same transaction, without any collateral.
Flash loans work without collateral because transactions are atomic: the entire transaction either succeeds or fails, so borrowed funds can never go unpaid.
When evaluating a protocol, look at where its prices come from: protocols that rely only on the spot price of a single DEX pool are more vulnerable to flash loan manipulation.
$AAVE 157.39（+1.98%）
#AAVE