Leaderboard
768All-time rank
Axion
Nov 2, 2020
$500K
Lost
$500K
Recovered
$0
Net loss
$500K
Unrecovered0% recovered
Insider(s) injected malicious code into Axion's OpenZeppelin dependencies prior to deployment, enabling unlimited token minting via the unstake function. Attacker minted 79 billion AXN and dumped on the market, causing 99% price collapse and netting 1,300 ETH (~$500K) despite passing audits from Hacken and Certik.
- Target
- DeFi
- Classification
- Token & Share Accounting
- Technique
- Infinite Mint
- Attribution
- Unknown
- Chains
Ethereum
Event timeline
- Nov 2, 2020Exploit executed — $500K drained via infinite mint
- Attributed to Unknown
- Recovery status Unrecovered 0%
