670All-time rank

ApeCoin

Mar 17, 2022

$820K

Lost

$820K

Recovered

Net loss

$820K

Unrecovered0% recovered

ApeCoin airdrop lacked snapshot protection against flash loans. An attacker flash-loaned BAYC NFTs from NFTX, claimed the airdrop allocation for those NFTs (60,564 APE tokens), and sold them for ~$820K profit in ETH.

Target: DeFi
Classification: Governance
Technique: Flashloan Governance Attack
Attribution: Unknown
Chains

Event timeline

Mar 17, 2022
Exploit executed — $820K drained via flashloan governance attack
Attributed to Unknown
Recovery status Unrecovered 0%

Data credits

DefiLlamaIncident record, amounts, chains, recovery data and logo

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