Corepound Hack

TOTAL LOST $430K
Low Drained Contracts core

Summarize with AI

Affected Chain core Incident surface
Recovered - No recovery reported
All-Time Rank #1052 By amount stolen
Auditors 1 Prior security audit

Incident Overview

Corepound is a BTCfi yield layer built on the Core chain. With AI-driven algorithms and advancing strategies embedded, it aims to optimize yields for users. Corepound also offers impressive features, dedicated to delivering an impact to the DeFi world.

Incident Report

Protocol / Project Corepound
Date of Incident
Affected Chain(s) core
Attack Technique Drained Contracts
Classification Rugpull
Primary Source View Post-Mortem

Protocol Information

Protocol Type Yield
Official Website compound.finance/
Protocol Twitter/X @corepoundxyz

Market Context at Time of Hack

Token Price at Hack $0.0446
Token Categories
Yield Aggregator Core Ecosystem

What the Attacker Needed to Succeed

Understanding the prerequisites for this type of attack helps auditors identify protocols that are most at risk and helps developers build better defenses.

Technical Knowledge Deep understanding of drained contracts and Solidity and EVM internals
Capital Required Seed capital to cover gas and initial position setup
On-Chain Access Ability to interact with core smart contracts and deploy a custom exploit contract
Protocol Analysis Identification of the exploitable vulnerability in Corepound's contract logic - root cause: rugpull
Execution Speed Precise transaction ordering and timing to exploit the vulnerability within a single atomic block
Obfuscation Plan A strategy to launder and move stolen funds - typically through mixers, cross-chain bridges, or decentralized DEX swaps to resist tracing

What Auditors Should Check

Could this have been caught in audit? Likely — with a thorough Drained Contracts audit checklist and test coverage
Audited by Audit Report 1 — still lost $430K. Prior audits don't guarantee safety, especially after post-audit code changes.

If you're auditing a protocol with similar architecture to Corepound, these are the critical security checks that could have prevented this incident (September 2025).

  • Verify all logic paths related to Drained Contracts are guarded by proper access controls and input validation
  • Review privileged functions (owner, admin, governance) for potential abuse vectors - centralization risks should be documented and bounded with timelocks or multi-sigs

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Security Audit History

Sources & References

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