ChainBleedv0.1 · open intel
← back to feed·LOGIC2024-03-20 · 2y ago
Incident · SLOWMIST

ParaSwap

Contract Vulnerability
Estimated loss
$24.0K
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/2024-03/Paraswap_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

Decentralized exchange (DEX) aggregator ParaSwap announced the discovery of a critical vulnerability affecting its approved aggregation smart contract Augustus V6. This vulnerability impacts users who have authorized the Augustus V6 contract. In response, ParaSwap has temporarily halted the V6 API and employed white-hat attack methods to ensure the safety of user funds. These funds have been securely transferred to a secure wallet starting with 0x66E90 and are slated to be returned to users promptly. Additionally, ParaSwap urges users to revoke authorization for the Augustus V6 contract to mitigate potential risks. Currently, it is known that 4 addresses have been affected by this vulnerability, resulting in a total loss of approximately $24,000. ParaSwap is taking measures to address and fix this vulnerability while ensuring the safety of user funds. Attack method (per SlowMist): Contract Vulnerability. Reported loss: $ 24,000.

Primary source
https://www.panewslab.com/zh/articledetails/bgv603ia.html
Sourced from
slowmist
Technical record
chain
protocol
ParaSwap
bug_class
logic
date_occurred
2024-03-20
loss_usd
$24,000
source_id
sm:paraswap::2024-03-20
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