ChainBleedv0.1 · open intel
← back to feed·REENTRANCY2022-04-30 · 4y ago
Incident · SLOWMIST

Fei Protocol & Rari Capital

Reentrancy Attack
Estimated loss
$80.00M
VERDICT —UNRATED
Verdict pending. Auto-ingested incidents are reviewed before a public verdict is rendered.
▰ METHOD
REENTRANCY
REENTRANCYBYTECODE 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/2022-04/Rari_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

Fei Protocol officially tweeted that it has noticed multiple exploits of Rari Capital’s Fuse pool, has identified the root cause and suspended all lending to mitigate further losses. And shout that hackers, if they can return user funds, will get a bounty of 10 million US dollars. According to previous news, Fei Protocol was attacked, and the loss exceeded 28,380 ETH, about 80.34 million US dollars. The attacker's address was 0x6162759eDAd730152F0dF8115c698a42E666157F. The Rari Capital pool was attacked due to a classic reentrancy vulnerability. Its function exitMaket has no reentrancy protection. Attack method (per SlowMist): Reentrancy Attack. Reported loss: $ 80,000,000.

Primary source
https://twitter.com/feiprotocol/status/1520344430242254849
Sourced from
slowmist
Technical record
chain
protocol
Fei Protocol & Rari Capital
bug_class
reentrancy
date_occurred
2022-04-30
loss_usd
$80,000,000
source_id
sm:fei-protocol-rari-capital::2022-04-30
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