Leaderboard
1181All-time rank
LT
LW Token
May 12, 2023
$50K
Lost
$50K
Recovered
$0
Net loss
$50K
Unrecovered0% recovered
An attacker exploited the LW token on BSC using a flashloan-based price manipulation attack. The marketAddr account held 173,272 USDT which was used to artificially manipulate the LW price on the PancakeSwap LW-BUSD pair, enabling the attacker to extract approximately 48,415 USDT through price distortion.
The LW token price collapsed 69% following the exploit.
How the exploit worked
View reproducible PoCFlashLoan Price Manipulation.
Lost: ~$50k
Source: DeFiHackLabs (SunWeb3Sec)
- Target
- DeFi
- Classification
- Oracle Manipulation
- Technique
- Spot Price Manipulation
- Attribution
- Unknown
- Chains
Binance Smart Chain
Event timeline
- May 12, 2023Exploit executed — $50K drained via spot price manipulation
- 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)