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DODO AMM

Mar 9, 2021

$3.8M
Lost
$3.8M
Recovered
$0
Net loss
$3.8M
Unrecovered0% recovered

DODO's V2 Crowdpooling contract left init() callable after funding, allowing an attacker to reconfigure pools with worthless tokens and drain the real reserves. 1M was returned within a day as MEV bots captured most of the exploit profit.

How the exploit worked

View reproducible PoC

Flashloan Attack.

Lost: $700,000

Source: DeFiHackLabs (SunWeb3Sec)

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

Event timeline

  1. Mar 9, 2021
    Exploit executed — $3.8M drained via improper access control
  2. Attributed to Unknown
  3. Recovery status Unrecovered 0%

Data credits

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