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Thetanuts Finance

Apr 20, 2026

$50K
Lost
$50K
Recovered
$0
Net loss
$50K
Unrecovered0% recovered

On April 20, 2026 Thetanuts Finance's vault contract on Ethereum was exploited for $50,000 via a first-depositor inflation flaw: an attacker minted 1 share, donated 1,000 ETH directly to the contract, then redeemed the share for nearly all vault assets when the next user deposited.

Target
DeFi
Classification
Token & Share Accounting
Technique
First Depositor Attack
Attribution
Unknown
Chains
Ethereum

Event timeline

  1. Apr 20, 2026
    Exploit executed — $50K drained via first depositor attack
  2. Attributed to Unknown
  3. Recovery status Unrecovered 0%

Data credits

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