ChainBleedv0.1 · open intel
← back to feed·ARBLOGIC2024-05-14 · 2y ago
Incident · SLOWMIST

Predy Finance

Contract Vulnerability
Estimated loss
$464.0K
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/2024-05/PredyFinance_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 decentralized exchange Predy Finance on the Arbitrum chain was attacked, resulting in the loss of $464k worth of crypto assets from its lending pool. Attack method (per SlowMist): Contract Vulnerability. Reported loss: $ 464,000.

Primary source
https://twitter.com/SlowMist_Team/status/1790326798469001379
Sourced from
slowmist
Technical record
chain
arbitrum
protocol
Predy Finance
bug_class
logic
date_occurred
2024-05-14
loss_usd
$464,000
source_id
sm:predy-finance::2024-05-14
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