Leaderboard
365All-time rank
DAO Maker Vesting logo

DAO Maker Vesting

Sep 4, 2021

$4.0M
Lost
$4.0M
Recovered
$0
Net loss
$4.0M
Unrecovered0% recovered

On September 4, 2021, DAO Maker's vesting contracts were exploited via an unauthenticated init() function allowing contract reset and ownership claim. The attacker used emergencyExit() to extract ~$4M from vesting contracts for DERC, CPD, CAPS, and SHO.

How the exploit worked

View reproducible PoC

Bad Access Controal.

Lost: $4 million

Source: DeFiHackLabs (SunWeb3Sec)

Target
DeFi
Classification
Access Control
Technique
Improper Access Control
Attribution
Unknown
Chains
Ethereum

Event timeline

  1. Sep 4, 2021
    Exploit executed — $4.0M drained via improper access control
  2. Attributed to Unknown
  3. Recovery status Unrecovered 0%

Data credits

Related incidents