Origin Protocol

Exploit

Estimated loss

$7.00M

VERDICT —UNRATED

Verdict pending. Auto-ingested incidents are reviewed before a public verdict is rendered.

▰ METHOD

Undisclosed

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

Stablecoin project Origin Dollar (OUSD) sustained a re-entrancy attack at 00:47 UTC Tuesday resulting in a loss of funds worth $7 million, including over $1 million deposited by Origin and its founders and employees. Reported loss: $7,000,000.

Primary source

https://www.coindesk.com/origin-protocol-loses-3-25m-in-latest-flash-loan-attack-reports ↗

Sourced from

chainsec

Technical record