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Security incident · 2026-08-31

Float Protocol

According to the public DefiLlama incident dataset, Float Protocol (Ethereum) suffered a security incident on 2026-08-31, with about $28K reported lost.

Date2026-08-31
Reported loss$28K
ChainEthereum
Target typeDeFi Protocol
Technique classOracle Manipulation
TechniqueSpot Price Manipulation
Bridge incidentNo
Within 2026#257 by loss that year, 0.0% of all reported losses that year

How this kind of attack works

The price feed the protocol relied on was pushed off for a short time, and the attacker borrowed or swapped at the distorted price.

Would a pre-payment check have helped

Needs other controls

Oracle manipulation is a price-feed design problem.

Other incidents with the same technique

Sources

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