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1096All-time rank
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Pine Protocol

Dec 22, 2023

$95K
Lost
$95K
Recovered
$0
Net loss
$95K
Unrecovered0% recovered

Pine Protocol was exploited via a flaw where old and new contract versions shared the same liquidity pools. An attacker used this to borrow NFT collateral from the new pool while recording repayment as a flash loan, allowing them to drain vault assets repeatedly across multiple transactions.

How the exploit worked

View reproducible PoC

Business Logic Flaw.

Lost: ~90k

Source: DeFiHackLabs (SunWeb3Sec)

Target
DeFi
Classification
Protocol Logic
Technique
Swap Logic Flaw
Attribution
Unknown
Chains
Ethereum

Event timeline

  1. Dec 22, 2023
    Exploit executed — $95K drained via swap logic flaw
  2. Attributed to Unknown
  3. Recovery status Unrecovered 0%

Data credits

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