ChainBleedv0.1 · open intel
← back to feed·LOGIC2023-04-16 · 3y ago
Incident · SLOWMIST

Hundred Finance

Contract Vulnerability
Estimated loss
$7.00M
VERDICT —UNRATED
Verdict pending. Auto-ingested incidents are reviewed before a public verdict is rendered.
▰ METHOD
LOGIC
LOGICBYTECODE 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/HundredFinance_2_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

The loss of today's HundredFinance hack is ~$7m.The root cause appears the attacker donates 200 WBTC to inflate hWBTC's exchange rate so that even a tiny amount (2 wei) of hWBTC can basically drain current lending pools. Attack method (per SlowMist): Contract Vulnerability. Reported loss: $ 7,000,000.

Primary source
https://twitter.com/peckshield/status/1647307128267476992
Sourced from
slowmist
Technical record
chain
protocol
Hundred Finance
bug_class
logic
date_occurred
2023-04-16
loss_usd
$7,000,000
source_id
sm:hundred-finance::2023-04-16
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