ChainBleedv0.1 · open intel
← back to feed·ETHFLASHLOAN2023-04-28 · 3y ago
Incident · CHAINSEC

0vix

Exploit
Estimated loss
$1.08M
VERDICT —UNRATED
Verdict pending. Auto-ingested incidents are reviewed before a public verdict is rendered.
▰ METHOD
FLASHLOAN
FLASHLOANBYTECODE CATCHABLEAI SCANNABLE
Root cause

Root-cause analysis not yet published. The incident description below contains all currently available signal — review the attack transaction directly for definitive forensics.

▰ PROOF OF CONCEPT
DEFIHACKLABS
src/test/2023-04/0vix_exp.sol
view forked test on github ↗

Reproducible Foundry test fork from SunWeb3Sec/DeFiHackLabs. Clone the repo, run forge test against the file path above, and replay the exploit against a mainnet fork at the historical block. Use for reproduction only — not for live targets.

Forensic narrative

Decentralized-finance protocol 0VIX has lost roughly $2 million in a flash-loan exploit, according to on-chain data on Polygon’s block explorer. A total of 1.45 million USDC, along with other tokens, was stolen before being bridged to the Ethereum mainnet on Stargate Finance, where it was eventually swapped for ether (ETH). Reported loss: $1,082,000.

Primary source
https://decrypt.co/138023/rogue-developers-drain-merlin-dex-of-1-82-million
Sourced from
chainsec
Technical record
chain
ethereum
protocol
0vix
bug_class
flashloan
date_occurred
2023-04-28
loss_usd
$1,082,000
source_id
cs:0vix::2023-04-28
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