Exploitation of Moonwell Protocol on Base and Optimism Chains Results in Over $1 Million in Losses

Tuesday, Nov 4, 2025 3:51 am ET1min read
ADA--

Moonwell Protocol was attacked, resulting in over $1 million in losses on Base and Optimism chains. BlockSec's system identified suspicious transactions aimed at the protocol's smart contracts. The incident originated from a vulnerability in the token price data provided by an off-chain oracle, potentially exploited by MEV bots.

Exploitation of Moonwell Protocol on Base and Optimism Chains Results in Over $1 Million in Losses

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