The SEI chain suffered a $240,000 flash loan attack, with user misdirected funds triggering the vulnerability

Jan 09, 2026 12:47:50

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According to market news, the attacker initiated a flash loan through the Synnax contract on the SEI chain, borrowing 1.96 million WSEI (approximately $240,000) and did not repay it.

This attack was triggered by a previous erroneous operation three blocks prior: the address 0x9748…a714 mistakenly transferred funds into the contract, inadvertently providing financial support for the attack. The attack path involved TX1 and TX2 transactions, showing that on-chain operational errors can still pose critical risk points in DeFi attacks.

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