ERC-20 Permit Phishing (2023)

Combined total unverified Not disclosed
Phishing

What happened

Two Scam Sniffer reports linked to this entry describe separate ERC-20 permit phishing losses in 2023: approximately $4 million on March 24 and $2.77 million in sfrxETH on August 7. These were wallet-phishing incidents, not a single protocol breach.

Technical root cause

Phishing abused ERC-20 permit authorization to spend victims' tokens. The cited reports do not establish a defect in the token contracts or a common attacker across both incidents.

How it happened

  1. Scam Sniffer reported an approximately $4 million ERC-20 permit phishing loss on March 24 and linked the transaction.
  2. On August 7, it reported a separate victim losing about $2.77 million in sfrxETH through permit phishing.
  3. The reports do not establish a shared victim, one attack sequence or recovered funds. The amounts are individual reported estimates, not a verified combined loss.

Protocol details

Classification Other
Protocol Type Exploit/Phishing

Post-Incident Timeline

Understand the attack patterns

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