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Hack history / 2026 / Hack or exploit

Blend Pools V2

Hack or exploit on Feb 22, 2026 · Spot Price Manipulation

IN REVIEWSOURCES DISAGREE ON DATE OR LOSS · 4 SOURCES
Lost
$10.2M
sources: $3M to $11M
Returned
none listed
as the sources state it
Rank
#291
among thefts by dollars lost

What happened

On February 22, 2026, an attacker pumped Stellar's thin USTRY market from ~$1.06 to ~$106.74, inflating collateral values. Two transactions drained $10.97M (1M USDC + 61M XLM) from YieldBlox DAO's Blend V2 lending pool, exploiting the lack of liquidity checks and anomaly detection in the oracle.

In review: sources disagree on the loss.

Details

Date
Feb 22, 2026
Kind
Hack or exploit
Method
Spot Price Manipulation
How in
Price, oracle and governance
Target
DeFi protocol
Chains
Stellar

After the theft

Frozen
$7.3M
“Stellar validators and Blockaid responded quickly, freezing a large portion (~48M XLM / ~$7.3M) of the funds.” (SlowMist Hacked)

Reported by

Related incidents

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Rhea Lend 2026 · Hack or exploit · $18.4M
Bonzo Lend 2026 · Hack or exploit · $9.1M
Moonwell Lending 2026 · Hack or exploit · $8.7M
Cite this pageSwanBluechip, "Blend Pools V2 hack, Feb 22, 2026: $10.2M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/htf0ec826f47/ (data as of 2026-11-01).
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