# A Tokenized-Stock Exploit Caps a Costly Quarter for DeFi Security

An attacker inflated wrapped-equity collateral by roughly 78 times to steal about 400,000 dollars, one entry in a quarter that tracked more than 780 million dollars in known losses.

- Published: 2026-07-01T10:31:41.172Z
- Canonical: https://polylog.news/crypto/2026-07-01/a-tokenized-stock-exploit-caps-a-costly-quarter-for-defi-sec
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CryptoSlate](https://cryptoslate.com/defis-hack-problem-is-becoming-a-liquidity-tax/), [DeFiHackLabs](https://github.com/SunWeb3Sec/DeFiHackLabs/commit/8c520a6ed54c9a19896bfc921d98728b078ffdc2), [CryptoTimes](https://www.cryptotimes.io/2026/07/01/edel-finance-hacked-403k-stolen-as-attacker-moves-funds-to-tornado-cash/)

Edel Finance, a lending protocol built around tokenized equities, lost roughly 400,000 dollars in an exploit that a security proof-of-concept dated July 1 reconstructs at about 204,000 dollars of stablecoin extraction. The root cause was pr…

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