This Compound exploit allows users to 4x their initial capital—using their borrowed amounts

This Compound exploit allows users to 4x their initial capital—using their borrowed amounts

Photo by Roman Synkevych on Unsplash

An exploit on Compound is allowing users to leverage their initial capital multifold, creating more Compound DAI than real DAI, and a situation that some are terming impossible.

To read the rest of this article, join CryptoSlate Edge. Have an account? Sign In.

Join CryptoSlate Edge for in-depth market analysis and curated industry insights

Sign up for CryptoSlate Edge for thoughtful market analysis, compelling stories and curated crypto insights at an affordable price. These articles will not be published anywhere else.

In-depth market analysis

We dive deep into what the thought leaders are saying about the crypto market.

Curated industry insights

Gain an analytical edge from our world-class team of journalists who curate knowledge from the top crypto analysts.

Hide all advertisements

We hide all advertisements from CryptoSlate Edge subscribers.

Support independent journalism

We are guided by a strict editorial policy that emphasizes objectivity and transparency.

Join Now |$8.33/month Billed Annually
Pay with Crypto BTC · ETH · LTC · BCH · USDC · DAI