Leaderboard
653All-time rank
W
WaultSwap
Aug 4, 2021
$930K
Lost
$930K
Recovered
$0
Net loss
$930K
Unrecovered0% recovered
On August 4, 2021, WaultSwap was exploited when an attacker manipulated the $WUSD pegging mechanism by repeatedly staking USDT to artificially increase the $WEX price in the USDT-WEX liquidity pool, then swapping $WEX back to $USDT for profit, extracting approximately $930K.
- Target
- DeFi
- Classification
- Market Manipulation
- Technique
- Risk Parameter Abuse
- Attribution
- Unknown
- Chains
Binance Smart Chain
Event timeline
- Aug 4, 2021Exploit executed — $930K drained via risk parameter abuse
- Attributed to Unknown
- Recovery status Unrecovered 0%