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Impermax V3

Apr 26, 2025

$300K
Lost
$300K
Recovered
$0
Net loss
$300K
Unrecovered0% recovered

On April 26, 2025, Impermax V3 on Base was exploited for $300K via fee accounting mismatch in collateral valuation. Attacker manipulated LP pool price ticks, accumulated fees, then overborrowed against LP collateral with incorrectly valued uncollected fees.

How the exploit worked

View reproducible PoC

FlashLoan Price Oracle Manipulation.

Lost: 62,628.66 USD

Source: DeFiHackLabs (SunWeb3Sec)

Target
DeFi
Classification
Token & Share Accounting
Technique
Incorrect Fee Accounting
Attribution
Unknown
Chains
Base

Event timeline

  1. Apr 26, 2025
    Exploit executed — $300K drained via incorrect fee accounting
  2. Attributed to Unknown
  3. Recovery status Unrecovered 0%

Data credits

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