Bonzo Finance TVL Drops 77% After $9M Oracle Exploit on Hedera

Bonzo Finance on Hedera suffered a 77% TVL drop after a $9.05 million oracle exploit via Supra, revealing a verification flaw in external price feeds. The breach drained liquidity, highlighting the risk of DeFi reliance on third-party oracles. The incident underscores the need for robust oracle diversity, improved verification, and potential rearchitecture of Hedera-based lending protocols. Recovery plans and reimbursement prospects remain uncertain as the ecosystem reassesses oracle-security measures and liquidity resilience.