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Nimiq

Sep 16, 2026

$50K
Lost
$50K
Recovered
$0
Net loss
$50K
Unrecovered0% recovered

Nimiq’s Polygon swap contracts served as OpenGSN forwarders while relying on their own preRelayedCall path to authenticate requests rather than independently verifying the user’s signature inside execute(). An attacker registered an EIP-7702 EOA as an OpenGSN relay manager, relay worker and permissive paymaster, then selected Nimiq’s HTLC handlers as the forwarders.

This allowed forged open() requests purportedly originating from a partner liquidity wallet to reach the handlers without the expected signature validation. e, with the attacker-controlled contract as recipient, and subsequently redeemed by the attacker.

How the exploit worked

View reproducible PoC

GSN forwarder skips signature check, relying solely on attacker-chosen paymaster.

Lost: ~$50,463.79 (USDC, USDT0, USDC.e drained from a swap-liquidity wallet's standing approvals)

Source: DeFiHackLabs (SunWeb3Sec)

Target
DeFi
Classification
Input Validation
Technique
Signature Verification Flaw
Attribution
Unknown
Chains
Polygon

Event timeline

  1. Sep 16, 2026
    Exploit executed — $50K drained via signature verification flaw
  2. Attributed to Unknown
  3. Recovery status Unrecovered 0%

Data credits

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