Leaderboard
690All-time rank
MOBOX
Mar 15, 2024
$750K
Lost
$750K
Recovered
$0
Net loss
$750K
Unrecovered0% recovered
MOBOX borrow function exploited by cyclically borrowing and redeeming funds while incrementally increasing loan amounts. Referral rewards were transferred back to the contract to inflate the next borrow, netting ~$750K USDT.
How the exploit worked
View reproducible PoCbusiness logic flaw.
Lost: ~413k USDT
Source: DeFiHackLabs (SunWeb3Sec)
- Target
- DeFi
- Classification
- Protocol Logic
- Technique
- Borrow Logic Flaw
- Attribution
- Unknown
- Chains
Optimism
Event timeline
- Mar 15, 2024Exploit executed — $750K drained via borrow logic flaw
- 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)