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152All-time rank
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BearnFi

May 17, 2021

$18.0M
Lost
$18.0M
Recovered
$0
Net loss
$18.0M
Unrecovered0% recovered

BearnFi's BvaultsBank contract interpreted deposit amounts inconsistently between BUSD and ibBUSD. Attackers exploited this via flashloan cycles to inflate withdrawal amounts.

How the exploit worked

View reproducible PoC

Logic Flaw.

Lost: 11M

Source: DeFiHackLabs (SunWeb3Sec)

Target
DeFi
Classification
Protocol Logic
Technique
Withdrawal Logic Flaw
Attribution
Unknown
Chains
BSC

Event timeline

  1. May 17, 2021
    Exploit executed — $18.0M drained via withdrawal logic flaw
  2. Attributed to Unknown
  3. Recovery status Unrecovered 0%

Data credits

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