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79All-time rank
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KyberSwap Elastic

Nov 22, 2023

$48.0M
Lost
$48.0M
Recovered
$0
Net loss
$48.0M
Unrecovered0% recovered

On November 22, 2023, KyberSwap Elastic was exploited via a double rounding error in computeSwapStep() that allowed the final swap price to exceed the target threshold without updating liquidity state. The attacker used strategic swaps to corrupt baseL and drain $48M across multiple networks.

How the exploit worked

View reproducible PoC

precision loss.

Lost: ~$48M

Source: DeFiHackLabs (SunWeb3Sec)

Target
DeFi
Classification
Token & Share Accounting
Technique
Rounding Error
Attribution
Unknown
Chains
EthereumBasePolygonOptimismArbitrum

Event timeline

  1. Nov 22, 2023
    Exploit executed — $48.0M drained via rounding error
  2. Attributed to Unknown
  3. Recovery status Unrecovered 0%

Data credits

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