Osmosis

Funds Pool Vulnerability

Estimated loss

$5.00M

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

Cosmos ecosystem developer @TheJunonaut tweeted that a critical bug was discovered on Osmosis that could drain all liquidity pools. Anyone can add liquidity to any pool and get an additional 50% when removing it. Responding to community discussions about the attack, Osmosis tweeted that the liquidity pool was not "completely drained" and that developers were fixing bugs, determining the size of the loss (likely around $5 million), and working on recovery. Attack method (per SlowMist): Funds Pool Vulnerability. Reported loss: $ 5,000,000.

Primary source

https://twitter.com/osmosiszone/status/1534432704246292480 ↗

Sourced from

slowmist

Technical record