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Level Perps

May 1, 2023

$1.1M
Lost
$1.1M
Recovered
$0
Net loss
$1.1M
Unrecovered0% recovered

1M in May 2023 when attackers exploited missing epoch reuse prevention in the referral claims contract. Flashloans inflated reward tiers, allowing multiple claims per epoch via the unprotected claimMultiple() function.

How the exploit worked

View reproducible PoC

Business Logic Flaw.

Lost: ~$1M

Source: DeFiHackLabs (SunWeb3Sec)

Target
DeFi
Classification
Protocol Logic
Technique
Reward Logic Flaw
Attribution
Unknown
Chains
BSC

Event timeline

  1. May 1, 2023
    Exploit executed — $1.1M drained via reward logic flaw
  2. Attributed to Unknown
  3. Recovery status Unrecovered 0%

Data credits

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