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The Vanishing Debt — An Analysis of the Notional Finance Hack

Background On September 4, 2026, the well-known decentralized lending platform Notional Finance was attacked, resulting in approximately $1.73 million in losses. The following is a detailed analysis of this attack by the SlowMist Security Team: Prerequisite Knowledge In Notional Finance V1, fCash can be understood as cash claims with an expiration date.

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CoinGecko last prints — not a Dextape quote.

Why it matters

Loss events reprice related tokens and counterparties first. Confirm what was taken, what was recovered, and whether a chain or a custodian is in scope.

Automated desk note. Not Dextape reporting.

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