ChainBleedv0.1 · open intel
← back to feed·LOGIC2024-04-01 · 2y ago
Incident · SLOWMIST

OpenLeverage

Contract Vulnerability
Estimated loss
$260.0K
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/2024-04/OpenLeverage2_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 DeFi protocol OpenLeverage has been attacked, resulting in a loss of approximately $260,000. In light of this, OpenLeverage has decided to discontinue the OpenLeverage trading and lending protocol. OpenLeverage is initiating processes for users to close trades/borrowings and withdraw funds safely. All protocol actions will remain paused until withdrawal processes begin early next week. Attack method (per SlowMist): Contract Vulnerability. Reported loss: $ 260,000.

Primary source
https://twitter.com/OpenLeverage/status/1774734793990971462
Sourced from
slowmist
Technical record
chain
protocol
OpenLeverage
bug_class
logic
date_occurred
2024-04-01
loss_usd
$260,000
source_id
sm:openleverage::2024-04-01
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