dYdX Contract Vulnerability: $211.00K Reported Loss
DeFi Derivatives Agreement dYdX released an investigation report on the deposit contract accident on November 27, stating that there has been a serious loophole in the agent smart contract that has been handling deposits to the dYdX exchange since November 24.
- Reported loss
- $ 211,000
- Attack category
- Contract Vulnerability
Incident Overview
At around 12:00 UTC on the 27th, dYdX The team performed a white hat hacking operation to save vulnerable user funds, totaling approximately US$2 million. These funds are sent to a non-custodial escrow contract, and only the original owner of these funds can retrieve them. However, when the dYdX team performed the white hat hacking operation, an estimated $211,000 of funds was used by the MEV robot, and the user has now been fully compensated.
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.