The Strength of Cardano’s DeFi: Resisting Flash Loan Attacks

Many hacks on the Ethereum platform have used flash loans. An attacker can borrow a huge amount of funds without collateral, use it to make a profit, and then repay the loan in the same transaction. In this article, we will explain why we don’t see this kind of attack in Cardano’s DeFi. You will understand one of the advantages of the UTxO model.