Leaderboard
846All-time rank
Midas Capital logo

Midas Capital

Jun 17, 2023

$340K
Lost
$340K
Recovered
$0
Net loss
$340K
Unrecovered0% recovered

On June 17, 2023, Midas Capital's HAY/BUSD pool on BSC was exploited for $340K-$600K via a rounding error in cToken redemption logic. The attacker crafted positions that rounded down to 1 wei, repeatedly exploited the error with minimal deposits and flash-loaned ANKR collateral to withdraw disproportionately large sums.

How the exploit worked

View reproducible PoC

Precision Loss.

Lost: ~$600K

Source: DeFiHackLabs (SunWeb3Sec)

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

Event timeline

  1. Jun 17, 2023
    Exploit executed — $340K drained via rounding error
  2. Attributed to Unknown
  3. Recovery status Unrecovered 0%

Data credits

Related incidents