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SynapLogic

Jan 20, 2026

$144K
Lost
$144K
Recovered
$0
Net loss
$144K
Unrecovered0% recovered

A business logic flaw in SynapLogic's referral system allowed attackers to mint 144k SYP tokens without proper validation. The exploit involved 193 suspicious transactions where attackers repeatedly called the referral function with flashloan-backed ETH, receiving 10% referral rewards for each fraudulent transaction.

How the exploit worked

View reproducible PoC

Business Logic Flaw.

Lost: 27.6 ETH & 3450 USDC

Source: DeFiHackLabs (SunWeb3Sec)

Target
DeFi
Classification
Protocol Logic
Technique
Unknown
Attribution
Unknown
Chains
Base

Event timeline

  1. Jan 20, 2026
    Exploit executed — $144K drained via unknown
  2. Attributed to Unknown
  3. Recovery status Unrecovered 0%

Data credits

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