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657All-time rank
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Palmswap

Jul 24, 2023

$900K
Lost
$900K
Recovered
$0
Net loss
$900K
Unrecovered0% recovered

On July 24, 2023, Palmswap's PLP vault was exploited for $901,000. 9 rate by exploiting incorrect exchange rate calculations in PlpManager.

How the exploit worked

View reproducible PoC

Business Logic Flaw.

Lost: ~$900K

Source: DeFiHackLabs (SunWeb3Sec)

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

Event timeline

  1. Jul 24, 2023
    Exploit executed — $900K drained via incorrect share accounting
  2. Attributed to Unknown
  3. Recovery status Unrecovered 0%

Data credits

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