SecurityCointelegraphabout 2 hours ago
Trader loses $2M in 'same-block backrun extraction' exploit
1 min read
A trader swapped 1,126.44 Ether for only 5,776 Lighter tokens, losing $2 million in a same-block backrun extraction. Titan Builder earned $1.8 million from the transaction. The router directed the order through a low-liquidity AVAIL/WETH pool on Uniswap v3, causing a 99.3% loss.
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