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Uniswap’s app store ranking dives as user activity and trading volume decline
Uniswap’s app store ranking dives as user activity and trading volume decline

Quick Take Uniswap’s U.S. app store ranking surged after the pro-crypto election victory but has since collapsed from #99 to #364. The following is an excerpt from The Block’s Data and Insights newsletter.

The Block·2025/03/29 16:00
Analysis of $700k oracle manipulation exploit highlights vulnerabilities in DeFi vaults
Analysis of $700k oracle manipulation exploit highlights vulnerabilities in DeFi vaults

Quick Take In February, an oracle manipulation attack affected DeFi protocols across Ethereum Layer 2 network ZKsync, including Venus Protocol, which suffered a $717,000 loss from taking on bad debt. The attacker manipulated the exchange rate of Mountain Protocol’s wUSDM wrapped yield-bearing stablecoin by using a flash loan and exploiting a donation-based vulnerability in standard ERC-4626 tokenized vaults.

The Block·2025/03/29 16:00
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