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ID:

dydx-184

Date:

Status:

Incident Count:

November 27, 2021

Verified

2

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REKT

Contributor:

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zerofriction.io

KYC By:

KYC:

None

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Audit By:

Audits:

DefiSafety

Loss Amount:

211,000

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Recovered:

-

Rewards:

Currency:

USD

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Ethereum

Platform

Derivatives

Contract Vulnerabilities

Extended Method:

Contract vulnerabilities

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Days in Operation:

1839

(5.04 Years)

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DeFi Derivatives Agreement dYdX released an investigation report on the deposit contract accident on November 27, stating that there has been a serious loophole in the agent smart contract that has been handling deposits to the dYdX exchange since November 24. At around 12:00 UTC on the 27th, dYdX The team performed a white hat hacking operation to save vulnerable user funds, totaling approximately US$2 million. These funds are sent to a non-custodial escrow contract, and only the original owner of these funds can retrieve them. However, when the dYdX team performed the white hat hacking operation, an estimated $211,000 of funds was used by the MEV robot, and the user has now been fully compensated.

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