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Blend Pools V2 (2026) — Crypto Hack

Fully Recovered

Feb 22, 2026·

Stellar

Amount Stolen

$11.0M

Liquidity pool assets

Recovered

$11.0M

100% of stolen funds

Attackers manipulated a price oracle on Blend Pools V2 to inflate collateral values and drain ~$10.97M; the protocol fully recovered the funds.

Summary

Attackers manipulated a price oracle on Blend Pools V2 to inflate collateral values and drain ~$10.97M; the protocol fully recovered the funds.

How It Was Compromised — Price Oracle Manipulation via Price oracle manipulation inflating collateral values to drain liquidity

Price Oracle ManipulationPrice oracle manipulation inflating collateral values to drain liquidity

On February 22, 2026, Blend Pools V2 on Stellar was exploited when attackers manipulated a price oracle to inflate collateral values, enabling them to drain approximately $10.97M in liquidity. The protocol reported a full recovery of the stolen funds.

Fund Flow & Laundering Analysis

No laundering activity observed. All stolen funds fully recovered by the protocol.

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