Leaderboard
847All-time rank
Lava
Mar 29, 2024
$340K
Lost
$340K
Recovered
$0
Net loss
$340K
Unrecovered0% recovered
On March 28-29, 2024, Lava Lending on Arbitrum was exploited for $340K via calculation error in liquidation engine. Flashloan enabled improper collateral/debt evaluation; markets paused within 15 minutes of detection.
How the exploit worked
View reproducible PoCBusiness Logic Flaw.
Lost: ~340K
Source: DeFiHackLabs (SunWeb3Sec)
- Target
- DeFi
- Classification
- Protocol Logic
- Technique
- Liquidation Logic Flaw
- Attribution
- Unknown
- Chains
Arbitrum
Event timeline
- Mar 29, 2024Exploit executed — $340K drained via liquidation logic flaw
- Attributed to Unknown
- Recovery status Unrecovered 0%
Data credits
- DefiLlamaIncident record, amounts, chains, recovery data and logo
- DeFiHackLabsExploit analysis and reproducible proof-of-concept (by SunWeb3Sec)