company

Bonzo Lend

Bonzo Lend is a lending and borrowing protocol on Hedera, built by the developer company Bonzo Finance. The protocol is open source and non-custodial, and it is based on Aave. An exploit through a compromised third-party price oracle caused about $9 million in losses, and Bonzo Lend was paused.

bonzo.finance

Key facts

Design: Open source, non-custodial lending and borrowing protocol based on Aave, adapted to the Hedera EVM and native Token Servicesource
Exploit loss: Theft of approximately $9 million in assets, caused by the compromise of a third-party price oraclesource
Preliminary report: Per the developer company Bonzo Finance: the attacker deposited 250 SAUCE tokens as collateral, manipulated the oracle, and borrowed approximately 6.6 million USDC and 34.5 million wHBARsource
Team post: Bonzo Finance Labs (@bonzo_finance) post dated July 11, 2026source
Status: Bonzo Lend paused after $9 million oracle exploitsource

WYDE coverage of Bonzo Lend

Newsletter

Visa built stablecoin rails, Wyoming set a giving record, and the EAT Card hit the App Store. Over 60,000 meals.

Jul 18, 2026 · 6 min read

Crypto & DeFi

Bonzo Lend Loses $9 Million in a Hedera Oracle Exploit as Network Value Drops 40%

Jul 14, 2026 · 2 min read

Sources

Track the institutions that move money.

Data-driven coverage every Friday.