Security Incident
Balancer V1 Smart Contract Vulnerability: $234.00K Reported Loss
An attacker exploited a rounding/precision vulnerability in legacy Balancer V1 contracts.
- Reported loss
- $ 234,000
- Attack category
- Smart Contract Vulnerability
Incident Overview
Using flash loans to compress WBTC reserves to near-zero, they minted a large amount of BPT with only 1 satoshi of WBTC and then proportionally exited to drain DPI, USDC, WETH and WBTC from the pool.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.