Hegic Hack

Reported loss Not disclosed
Ethereum
Other

What happened

The platform discovered a mistake in one of its smart contracts: ‘options.length' rather than ‘optionIDs.length.' This resulted in no liquidity for expiring contracts since user assets were locked whenever they did not utilize their options. Hegic spent $48K to fix the problem and reimburse impacted users.

Protocol details

Classification Other / Protocol Logic
Protocol Type Options
Affected asset / contract HEGIC
Implementation language Solidity
Protocol links Website @HegicOptions

Security review history

  • Trail of Bits 2020-04-17 No public report
  • PeckShield View report

Funds Recovery

Recovered

$48K

Net Loss

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