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ID:

pancakebunny-288

Date:

Status:

Incident Count:

July 17, 2021

Verified

1

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REKT

Contributor:

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zerofriction.io

KYC By:

KYC:

None

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Audit By:

Audits:

Hexlant, Haechi

Loss Amount:

2,400,000

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Recovered:

-

Rewards:

Currency:

USD, PolyBUNNY

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Polygon, Binance Smart Chain

Protocol

Dexes

Flash Loans

Extended Method:

Flash loan attack

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Days in Operation:

713

(1.95 Years)

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A flash loan attack had been launched successfully against Polygon PancakeBunny. This time, the attacker used a $48 million flash loan to mint 2.1 million PolyBUNNY tokens, which were sold for Ether and used to repay the loan, netting the attacker 1,287.1 ETH, worth some $2.4 million. From the developers, "as many of you are aware, there was an economic exploit of polyBUNNY outside the polygon.pancakebunny.finance platform, resulting in the minting of 2.1M polyBUNNY and a drop in the price of polyBUNNY to just over $2 at Jul-16–2021 07:17:11 PM +UTC.Polygon".

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