More Markets Drained $9.3M via Overborrow Exploit
An attacker used an Ankr liquid staking token and E-mode to overborrow from More Markets, draining roughly $9.3 million in WFLOW from a lending reserve — according to security firm Blockaid.
The mechanics are a familiar playbook: manipulate collateral, borrow more than you should, exit with the loot. DeFi lending protocols keep learning this lesson the hard way.
September 1, 2026 24.7K 1
