Leaderboard
177All-time rank
Abracadabra Spell
Mar 25, 2025
$13.0M
Lost
$13.0M
Recovered
$0
Net loss
$13.0M
Unrecovered0% recovered
Money suffered a $13M exploit on March 25, 2025 via a flash loan attack on cauldrons accepting GMX V2 LP tokens as collateral. The attacker manipulated liquidation logic to self-liquidate and extract liquidation incentives.
- Target
- DeFi
- Classification
- Protocol Logic
- Technique
- Liquidation Logic Flaw
- Attribution
- Unknown
- Chains
Arbitrum
Event timeline
- Mar 25, 2025Exploit executed — $13.0M drained via liquidation logic flaw
- Attributed to Unknown
- Recovery status Unrecovered 0%