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
- It ranks 188th of the 1,272 incidents with a known loss, and 25th in 2026.
- It accounts for 51.1% of the $21.5m in known losses in February 2026.
- 159 incidents in the ledger are classified as Oracle Manipulation, for $894.1m in total. This one is 1.2% of that.
- The ledger records no returned funds.
Closest in size by the same method
| Date | Target | Lost | Type | Method | Returned |
|---|---|---|---|---|---|
| 28 Apr 2022 | DEUS Finance | $13.4m | DeFi Protocol | Spot Price Manipulation | — |
| 13 Apr 2023 | Yearn Finance | $11.5m | DeFi Protocol | Oracle Misconfiguration | — |
| 12 May 2022 | Venus Protocol | $11.2m | DeFi Protocol | Stale Oracle Price | — |
| 05 Feb 2021 | Yearn Finance | $11.0m | DeFi Protocol | Spot Price Manipulation | — |
| 11 Jul 2026 | Bonzo Lend | $9.1m | DeFi Protocol | Spot 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