Leaderboard
575All-time rank
M
Minterest
Jul 15, 2024
$1.4M
Lost
$1.4M
Recovered
$0
Net loss
$1.4M
Unrecovered0% recovered
An attacker flash loaned USDY tokens, triggering a reentrancy attack during the transfer fallback function. Exchange rate updates executed immediately after borrow operations, allowing the attacker to manipulate rates and liquidate user positions for mETH and WETH.
How the exploit worked
View reproducible PoCReentrancy.
Lost: ~427 ETH
Source: DeFiHackLabs (SunWeb3Sec)
- Target
- DeFi
- Classification
- Reentrancy
- Technique
- Reentrancy
- Attribution
- Unknown
- Chains
Mantle
Event timeline
- Jul 15, 2024Exploit executed — $1.4M drained via reentrancy
- 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)
