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Bond Protocol

Oct 21, 2022

$300K
Lost
$300K
Recovered
$0
Net loss
$300K
Unrecovered0% recovered

On October 21, 2022, attacker deployed counterfeit bond tokens on Bond Protocol's OlympusDAO market and redeemed them for legitimate OHM collateral, draining $300K before returning funds hours later. Fixed-Expiry Teller lacked token validation.

Target
DeFi
Classification
Input Validation
Technique
Missing Input Validation
Attribution
Unknown
Chains
Ethereum

Event timeline

  1. Oct 21, 2022
    Exploit executed — $300K drained via missing input validation
  2. Attributed to Unknown
  3. Recovery status Unrecovered 0%

Data credits

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