Leaderboard
909All-time rank
LM

LeadBlock's Morpho Blue Market

Oct 14, 2024

$250K
Lost
$250K
Recovered
$0
Net loss
$250K
Unrecovered0% recovered

Morpho Blue PAXG/USDC market October 13-14, 2024 misconfigured oracle SCALE_FACTOR to value gold at 10^12x. Attacker deposited $350 in PAXG and withdrew ~$250K via decimal mismatch (USDC 6 vs PAXG 18 decimals).

Target
DeFi
Classification
Oracle Manipulation
Technique
Oracle Misconfiguration
Attribution
Unknown
Chains
Ethereum

Event timeline

  1. Oct 14, 2024
    Exploit executed — $250K drained via oracle misconfiguration
  2. Attributed to Unknown
  3. Recovery status Unrecovered 0%

Data credits

Related incidents