Flash Loan definition
Définition
Uncollateralized loan that must be repaid in the same transaction
Aaves flash loans enable arbitrage; exploited in 2020s $8M bZx attack, they highlight atomicitys power and peril. Use Cases: Arbitrage, collateral swaps, liquidations. Requirements: Code executes borrow/use/repay in one tx. Volume: $1B+ monthly (2025).
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