Curve omnipool platform Conic Finance hacked for $3.2 million in ETH

Conic Finance, a liquidity pool balancing platform for the decentralized finance (DeFi) protocol Curve, has suffered an exploit on the Ethereum omnipool.

Conic Finance has been exploited for $3.26 million in Ether (

According to the initial analysis provided by the blockchain security firm Peckshield, the root cause came from the new CurveLPOracleV2 contract.

“Our audit identifies a similar read-only reentrancy issue. However, the same issue is introduced in the newly introduced CurveLPOracleV2 contract, which was not part of the audit scope,” Peckshield wrote.

This is a developing story, and further information will be added as it becomes available.

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