Can a Flash Loan Attack Be Used to Manipulate a Synthetic Asset’s Price Feed?

Yes, synthetic assets often derive their price from an oracle that tracks the price of the underlying real-world asset (e.g. gold or stock). If the synthetic asset's price is tied to a specific on-chain pool, an attacker can manipulate that pool with a flash loan, causing the synthetic asset's reported price to spike, which can then be used to mint or redeem the synthetic asset at an unfair value.