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DeFi exploit wave 2026Update 20 of 24
$9M Drained via Hedera Oracle Exploit

Bonzo Lend on Hedera Loses $9 Million After Supra Oracle Accepts Manipulated Price Feed

Perp DEXJul 12, 2026

A relentless wave of DeFi exploits—spanning smart contracts, bridges, oracles, and MEV bots—is draining hundreds of millions and pushing 2026 toward record hack losses.

The Bonzo Lend protocol on the Hedera network was exploited for $9 million after a Supra oracle verifier accepted a manipulated price update. The attack caused Bonzo Lend to lose approximately 77% of its total value locked.

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