#CertiKInsight 🚨 We have detected multiple exploit transactions on @MoonwellDeFi lending contract. The exploiter was able to repeatedly borrow over 20 wstETH with only ~0.02 wrstETH flashloaned and deposited due to the faulty oracle that returns wrst price of ~5.8M$ and profited 295 ETH (~$1M). Stay Vigilant!

1/ the faulty price of $5.8B (correction) trace to abnormal wrsETH/ETH exchange rate reading of 1649934607316470707093500, transmitted to the off-chain aggregator at block 37722874 right before the exploit txn.