Leaderboard
258All-time rank
Exactly logo

Exactly

Aug 18, 2023

$7.6M
Lost
$7.6M
Recovered
$0
Net loss
$7.6M
Unrecovered0% recovered

Exactly Protocol's DebtManager on Optimism was exploited on August 18, 2023 when unvalidated market address parameter allowed attacker to bypass permit checks and reenter crossDeleverage to steal users' deposited collateral. A copycat repeated the attack the same day.

How the exploit worked

View reproducible PoC

insufficient validation.

Lost: ~$7M

Source: DeFiHackLabs (SunWeb3Sec)

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

Event timeline

  1. Aug 18, 2023
    Exploit executed — $7.6M drained via improper access control
  2. Attributed to Unknown
  3. Recovery status Unrecovered 0%

Data credits

Related incidents