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Ara Finance

Jun 19, 2023

$125K
Lost
$125K
Recovered
$0
Net loss
$125K
Unrecovered0% recovered

202 million USDT on BNB Chain. The contract lacked access control and held unbounded ARA and USDT approvals, allowing the attacker to steal ~$124,915.

How the exploit worked

View reproducible PoC

Incorrect handling of permissions.

Lost: ~$125k

Source: DeFiHackLabs (SunWeb3Sec)

Target
DeFi
Classification
Access Control
Technique
Token Approval Abuse
Attribution
Unknown
Chains
BSC

Event timeline

  1. Jun 19, 2023
    Exploit executed — $125K drained via token approval abuse
  2. Attributed to Unknown
  3. Recovery status Unrecovered 0%

Data credits

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