Leaderboard
675All-time rank
Balancer V2
Aug 27, 2023
$800K
Lost
$800K
Recovered
$0
Net loss
$800K
Unrecovered0% recovered
Balancer V2's boosted pools suffered a $893k-$979k exploit on August 27, 2023 via rate manipulation in linear pools (ERC4626). The attacker manipulated token conversion rates to drain liquidity.
How the exploit worked
View reproducible PoCRounding Error && Business Logic Flaw.
Lost: ~$2M
Source: DeFiHackLabs (SunWeb3Sec)
- Target
- DeFi
- Classification
- Oracle Manipulation
- Technique
- Spot Price Manipulation
- Attribution
- Unknown
- Chains
Ethereum
Event timeline
- Aug 27, 2023Exploit executed — $800K drained via spot price manipulation
- Attributed to Unknown
- Recovery status Unrecovered 0%
Data credits
- DefiLlamaIncident record, amounts, chains, recovery data and logo
- DeFiHackLabsExploit analysis and reproducible proof-of-concept (by SunWeb3Sec)