Leaderboard
977All-time rank
G

GDS

Jan 3, 2023

$187K
Lost
$187K
Recovered
$0
Net loss
$187K
Unrecovered0% recovered

On January 3, 2023, the GDS protocol on BSC was exploited using a flash loan attack. 38M USD via flash loan, manipulated the LP mining reward calculation by exploiting a flaw in the _lpRewardAmount calculation, and created multiple attack contracts to withdraw excessive rewards.

The attacker profited approximately $187K before repaying the flash loan.

How the exploit worked

View reproducible PoC

Business Logic Flaw.

Lost: $180k

Source: DeFiHackLabs (SunWeb3Sec)

Target
DeFi
Classification
Protocol Logic
Technique
Reward Logic Flaw
Attribution
Unknown
Chains
BSC

Event timeline

  1. Jan 3, 2023
    Exploit executed — $187K drained via reward logic flaw
  2. Attributed to Unknown
  3. Recovery status Unrecovered 0%

Data credits

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