Trading Notes | Flash Loans
① The borrowed funds and fees must be repaid to the pool before the transaction ends; otherwise, the entire transaction is reverted, as if it never happened.
② Common uses of flash loans include arbitrage, liquidations, collateral swaps, and moving debt to another protocol.
③ When choosing a protocol, it’s worth checking where its prices come from: those relying solely on the spot price of a single DEX pool are vulnerable to flash-loan manipulation.
$AAVE 130.76（-0.092%）
#AAVE
I can be wrong too—don’t take this as advice.
① The borrowed funds and fees must be repaid to the pool before the transaction ends; otherwise, the entire transaction is reverted, as if it never happened.
② Common uses of flash loans include arbitrage, liquidations, collateral swaps, and moving debt to another protocol.
③ When choosing a protocol, it’s worth checking where its prices come from: those relying solely on the spot price of a single DEX pool are vulnerable to flash-loan manipulation.
$AAVE 130.76（-0.092%）
#AAVE
I can be wrong too—don’t take this as advice.