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Bonzo Lend Exploited for $9.05 Million via Oracle Vulnerability

Bonzo Lend experienced a significant exploit resulting in a loss of $9.05 million. The attack involved a manipulated price from a third-party oracle, allowing for large asset borrowing with little collateral.

Our full investigation: Bonzo Lend exploit: all 4,571 ETH went into Tornado Cash — most of it within a day

The exploit occurred on July 11, 2026, when an attacker took advantage of a vulnerability in the Supra oracle used by Bonzo Lend. By submitting a manipulated SAUCE price, the attacker was able to borrow approximately $9.05 million in assets with minimal collateral.

Following the exploit, the borrowed funds were swapped on SaucerSwap and bridged to Ethereum using LayerZero, with over $5 million tracked on-chain. In response to the abnormal activity, Bonzo Lend paused the protocol to mitigate further losses.

Addresses in this incident

Roles are attributed to the source that stated them. Addresses without an attributed role are listed because coverage mentioned them, not because we assign them a part in the incident.

Sources

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Bonzo Lend Exploited for $9.05 Million via Oracle Vulnerability | PublicAML