Leaderboard
826All-time rank
Impermax V3
Nov 11, 2025
$380K
Lost
$380K
Recovered
$0
Net loss
$380K
Unrecovered0% recovered
On November 11, 2025, Impermax V3 on Base suffered a $380K exploit. The attacker created tiny positions in low-liquidity cbBTC-tBTC pairs to push totalBalance toward zero, collapsing the exchange rate and enabling exponential minting of borrowable tokens.
When totalBalance hit zero, all deposits were redirected to the attacker.
- Target
- DeFi
- Classification
- Protocol Logic
- Technique
- Liquidation Logic Flaw
- Attribution
- Unknown
- Chains
Base
Event timeline
- Nov 11, 2025Exploit executed — $380K drained via liquidation logic flaw
- Attributed to Unknown
- Recovery status Unrecovered 0%