Phalcon: Neutra Finance suffers price manipulation attack, losing approximately 23.5 ETH.

According to BlockBeats news on August 2nd, Neutra Finance, a DeFi protocol in the Arbitrum ecosystem, suffered an attack resulting in a loss of approximately 23.5 ETH, as detected by Phalcon, a security development and proactive defense suite under BlockSec. Phalcon explained that the attack was related to the use of the spot price in the convert function. Specifically, two LP tokens from different pools shared the same name (CMLT-LP), and it was possible to convert from one (CMLT-LP-65eb) to the other (CMLT-LP-2ea3) by calling the convert function.