Leaderboard
1338All-time rank
Chi Protocol
Jul 13, 2026
$9K
Lost
$9K
Recovered
$0
Net loss
$9K
Unrecovered0% recovered
5K. Attacker flash-loaned 5 WETH, bought depegged USC from a thin Uniswap V2 pool, and burned it against the ReserveHolder.
The burn() function assumed a $1 peg without checking, redeeming full-value collateral.
- Target
- DeFi
- Classification
- Protocol Logic
- Technique
- Redeem Logic Flaw
- Attribution
- Unknown
- Chains
Ethereum
Event timeline
- Jul 13, 2026Exploit executed — $9K drained via redeem logic flaw
- Attributed to Unknown
- Recovery status Unrecovered 0%
