Security
Tranche Vault on Avalanche Drained of 1.01 Million USDC
The Defiant·October 28, 2026·1 min read
A Tranche Vault on Avalanche was drained of 1.01 million USDC via a flash loan attack. Blockaid reported that the attacker minted inflated tranche shares and redeemed the vault's USDC. A balance check showed no USDC left in the identified contract.
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