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Incident All ledgers

Blend Pools V2: $11.0m

Blend Pools V2 lost $11.0m on 22 February 2026. Ranked 188th of 1,272 crypto failures, with method, returned funds and comparable incidents.

Date
22 February 2026
Lost
$11.0m
Returned or repaid
None recorded
Target
DeFi Protocol
Category
Oracle Manipulation
Method
Spot Price Manipulation
Chains
Stellar

On February 22, 2026, an attacker manipulated the thinly traded USTRY market on Stellar to inflate collateral values, then drained about $10.97M in USDC and XLM from YieldBlox DAO's Blend V2 lending pool, exploiting an oracle lacking liquidity checks and anomaly detection.

Against the ledger

Closest in size by the same method

DateTargetLostTypeMethodReturned
28 Apr 2022DEUS Finance$13.4mDeFi ProtocolSpot Price Manipulation—
13 Apr 2023Yearn Finance$11.5mDeFi ProtocolOracle Misconfiguration—
12 May 2022Venus Protocol$11.2mDeFi ProtocolStale Oracle Price—
05 Feb 2021Yearn Finance$11.0mDeFi ProtocolSpot Price Manipulation—
11 Jul 2026Bonzo Lend$9.1mDeFi ProtocolSpot Price Manipulation—

All failures in 2026 · The failures ledger

Amounts are DefiLlama’s estimates and can change as incidents are revalued. Its returned figure can include money a company repaid itself, not only funds recovered from attackers. Source: DefiLlama.

Cite this Bitminer.io, “Blend Pools V2, failures ledger”, data to 2 November 2026, https://bitminer.io/ledger/incident/blend-pools-v2-2026-02-22/. How this is built