Leaderboard
845All-time rank
SP

SQ Protocol

May 12, 2026

$346K
Lost
$346K
Recovered
$0
Net loss
$346K
Unrecovered0% recovered

SQ Protocol was exploited when an attacker used EIP-7702 authorized transactions to call privileged staking functions via a hardcoded owner backdoor, minting fake positions and draining USDT.

Target
DeFi
Classification
Access Control
Technique
Improper Access Control
Attribution
Unknown
Chains
BSC

Event timeline

  1. May 12, 2026
    Exploit executed — $346K drained via improper access control
  2. Attributed to Unknown
  3. Recovery status Unrecovered 0%

Data credits

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