Venus Protocol Hit by Code Exploit, Causing Over $3.7 Million In Losses

Venus Protocol Hit for $3.7M as Flash Loan Attacks Resurge Across DeFi

Key Takeaways Venus Protocol, BNB Chain’s largest lending platform, lost an estimated $3.7M in a January 2026 flash loan attack exploiting a vault accounting bug. Flash loan attacks use uncollateralized, single-block loans to manipulate price oracles and drain protocol funds in seconds. Security firms flagged a suspicious contract 18 hours before a separate late-2025 attack, enabling a rapid protocol pause. The industry is moving toward AI-driv…

Inside the $3.6mln Venus Protocol exploit on BNB Chain

Venus Protocol loses $3.6M after a flash loan exploit manipulating THE token liquidity, forcing market pauses and tighter collateral rules.

Venus Protocol Detects $3.7M Supply Cap Attack on THE Pool

Venus Protocol uncovers a $3.7M supply cap attack involving Thena’s THE token, halting borrowing and withdrawals as investigations continue.

Venus Protocol Exploit Prompts Market Freeze And Security Re

An attack on Venus Protocol exploited THE token collateral to obtain digital assets. Venus responded by freezing several high-risk markets and pausing certain withdrawals. Continue Reading:Venus Protocol Exploit Prompts Market Freeze And Security Review The post Venus Protocol Exploit Prompts Market...

Venus Protocol Flash Loan Attack Causes $3.7M Loss on BNB Chain

TLDR: Venus Protocol lost $3.7M in a flash loan attack using THE token as collateral. THE token price surged to $0.563 before collapsing to $0.22 during liquidation events. Six Venus markets including BCH and LTC were temporarily frozen after the exploit. Borrowing and withdrawals for THE token paused while investigation continues. Venus Protocol flash loan attack on BNB Chain caused over $3.7 million in losses. THE token was exploited to manip…

Venus Protocol Hit by $3.7M Supply-Cap Attack

Venus Protocol, a decentralized lending and borrowing platform, reported on Sunday that it detected suspicious trading activity in the liquidity pool for the Thena (THE) token, the native asset of the Thena DeFi protocol. The anomaly appeared to affect only two pools—CAKE, the native token of PancakeSwap, and THE—and prompted an immediate, precautionary pause on all borrows and withdrawals related to THE. The pause will remain in place while inv…