ChainBleedv0.1 · open intel
← back to feed·REENTRANCY2023-02-03 · 3y ago
Incident · SLOWMIST

Orion Protocol

Reentrancy Attack
Estimated loss
$3.00M
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/2023-02/Orion_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

Orion Protocol, an exchange aggregation platform, suffered a reentrancy attack and lost about $3 million in assets. The attackers have transferred some of the cryptocurrency to Tornado Cash. Orion Protocol CEO Alexey Koloskov tweeted that no users suffered any losses in the incident and all users’ funds are safe, including staking, Orion Pool, bridges, and liquidity providers. Assets at risk are held in in-house brokerage accounts run by the Orion team. This problem is not caused by a flaw in the core protocol code, but may be caused by a bug in a mix of third-party libraries in its experimental and smart contracts used by private brokers. Attack method (per SlowMist): Reentrancy Attack. Reported loss: $ 3,000,000.

Primary source
https://www.coindesk.com/business/2023/02/02/orion-protocol-loses-3m-of-crypto-in-trading-pool-exploit/
Sourced from
slowmist
Technical record
chain
protocol
Orion Protocol
bug_class
reentrancy
date_occurred
2023-02-03
loss_usd
$3,000,000
source_id
sm:orion-protocol::2023-02-03
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