Leaderboard
313All-time rank
ParaSpace Lending V1 logo

ParaSpace Lending V1

Mar 17, 2023

$5.0M
Lost
$5.0M
Recovered
$5.0M
Net loss
$0
Full100% recovered

On March 17, 2023 ParaSpace (NFT lending protocol on Ethereum) suffered a price manipulation exploit in the AutoCompoundApe contract allowing attackers to borrow assets with less NFT collateral than required. Security firm BlockSec intercepted the attack and recovered approximately 2,900 ETH ($5M) of BAYC NFTs before the full attack executed.

Target
Other
Classification
Oracle Manipulation
Technique
Spot Price Manipulation
Attribution
Unknown
Chains
Ethereum

Event timeline

  1. Mar 17, 2023
    Exploit executed — $5.0M drained via spot price manipulation
  2. Attributed to Unknown
  3. Recovery status Full 100%

Data credits

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