Security Incident · ETH Ecosystem
Velocore Contract Vulnerability: $6.80M Reported Loss
DEX Velocore experienced a security breach on June 2nd, 2024, resulting in financial losses approximating $6.8 million in ETH.
- Reported loss
- $ 6,800,000
- Attack category
- Contract Vulnerability
Incident Overview
The primary cause of the incident was faulty logic within the velocore__execute() function of the ConstantProductPool. When a user makes a swap on Velocore, the Vault contract makes an external call to this function to calculate the result of the swap.
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.