CertiK flags $204K lending exploit on Edel Finance after collateral price manipulation
Security monitoring firm CertiK identified a $204,000 exploit on Edel Finance’s decentralized lending market, where an attacker manipulated the valuation of wrapped stock collateral to extract funds from borrowing reserves. The incident highlights how pricing dependencies in tokenized equity lending can be disrupted when internal exchange-rate feeds lack hardened safeguards against flash-loan volatility.