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Zoth ZeUSD

Mar 1, 2025

$285K
Lost
$285K
Recovered
$0
Net loss
$285K
Unrecovered0% recovered

Zoth's collateral accounting incorrectly calculated LTV (Loan-To-Value) after swapping collateral via Uniswap V3. An attacker used flash loans to manipulate V3 exchange rates, making a minimal deposit swap for far fewer tokens than should be received, then minting ZeUSD against the phantom collateral difference.

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

Event timeline

  1. Mar 1, 2025
    Exploit executed — $285K drained via swap logic flaw
  2. Attributed to Unknown
  3. Recovery status Unrecovered 0%

Data credits

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