VERDICT —UNRATED
Verdict pending. Auto-ingested incidents are reviewed before a public verdict is rendered.
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.
Forensic narrative
While the decentralized lending agreement Compound tried to fix the loopholes in the liquidity mining token distribution contract through the No. 63 or No. 64 community proposal, another COMP token worth US$68.8 million (a total of 202,472 COMP) was due to The call of the drip() function was entered into the liquidity mining token distribution contract that has existing loopholes. Attack method (per SlowMist): Contract Vulnerability. Reported loss: $ 68,800,000.
Primary source
https://rekt.news/compound-rekt/ ↗Sourced from
slowmist
Technical record
- chain
- —
- protocol
- Compound
- bug_class
- logic
- date_occurred
- 2021-10-04
- loss_usd
- $68,800,000
- source_id
- sm:compound::2021-10-04
Related — same bug class· logic