Security Incident
Set Protocol Smart Contract Vulnerability: $9.60K Reported Loss
The DeFi protocol Set Protocol (involving Index Coop’s ExchangeIssuance contract) was exploited due to insufficient state locking in the smart contract.
- Reported loss
- $ 9,600
- Attack category
- Smart Contract Vulnerability
Incident Overview
The attacker used a malicious manager pre-issue hook to artificially inflate asset valuations (e.g., positionMultiplier), causing the contract to transfer excess assets based on falsified data, resulting in a loss of approximately $9,600.
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.