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Abracadabra Spell

Jan 30, 2024

$6.5M
Lost
$6.5M
Recovered
$0
Net loss
$6.5M
Unrecovered0% recovered

5M via precision loss in collateral calculations. An attacker used rounding errors to bypass collateral validation, inflating borrow amounts.

76.

Target
DeFi
Classification
Token & Share Accounting
Technique
Rounding Error
Attribution
Unknown
Chains
Ethereum

Event timeline

  1. Jan 30, 2024
    Exploit executed — $6.5M drained via rounding error
  2. Attributed to Unknown
  3. Recovery status Unrecovered 0%

Data credits

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