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Bonzo Lend Hit for $9.05 Million After Supra Oracle Verifier Accepts Manipulated Price Update on Friday

Security Incidents Exchange Risk

2026-07-11 19:44:06

SUPRA-3.57%

HBAR0.11%

According to Bonzo's preliminary incident report, Bonzo Lend, a decentralized lending protocol on Hedera (HBAR), was exploited for approximately $9.05 million late Friday ET after an attacker submitted a manipulated price update to Supra's oracle verifier. The attacker exploited a flaw in the verifier's signature validation logic—the contract accepted a price update carrying a cryptographic signature made entirely of zeros, which should have been rejected immediately. Within seconds, the wallet borrowed roughly 6.63 million USDC and 34.5 million wrapped HBAR against a near-worthless collateral deposit. Bonzo paused its lending protocol shortly after the attack. Supra acknowledged the issue and deployed a fix to the affected contract; Hedera confirmed the incident was confined to the third-party oracle verifier and did not involve a flaw in the network's core infrastructure.

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