ID:
hegic-527
100 pts
Platform:
Type:
Category:
Method:
Data Sources:
Ethereum
Protocol
Options
Contract Vulnerabilities
Extended Method:
Contract vulnerabilities
Days in Operation:
0
100 pts each
Hegic is an option trading protocol. Hegic options exchange confronted a vulnerability in its smart contract codes hours after launching. The bug locked user funds into expired options contracts, rendering them permanently inaccessible or 152.2 ETH (about 28,537 USD) permanently locked in the contract pool of unexercised put / call options. Out of the 19 contracts, 16 are put options (DAI is locked) and 3 are call options (ETH is locked). Hegic said it will process a 100% refund for all involved users.
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