Hyperbridge Hack

TOTAL LOST $237K
Low Fake State Proof / Other ethereum

Summarize with AI

Affected Chain ethereum Incident surface
Recovered - No recovery reported
All-Time Rank #1237 By amount stolen
Protocol Type Exploit/Other Target category

Incident Overview

On April 13, 2026, Hyperbridge's Token Gateway on Ethereum lost $237K when an attacker exploited missing input validation in the Merkle Mountain Range proof verifier. The flaw allowed forged proofs to pass verification, granting the attacker admin control to mint 1 billion bridged DOT tokens (2,800x the legitimate supply) and dump them on DEXs. Only bridged DOT on Ethereum was affected.

The vulnerability existed in Hyperbridge's Solidity implementation of Merkle Mountain Range proof verification within the HandlerV1 contract. The VerifyProof() function failed to validate that leaf_index was less than leafCount. When an attacker submitted a proof with leafCount set to 1 and leaves[0].leaf_index also set to 1, the root calculation bypassed the actual leaf hash values (which contained request information) and accepted the attacker's submitted multiproof value directly.

This allowed the attacker to forge invalid proofs that the system incorrectly validated as legitimate. The TokenGateway's handleChangeAdmin() function checked the request source against stored addresses, but the attacker could arbitrarily input values in the request structure. The malicious request passed unchecked from Handler to Host to Gateway, granting the attacker administrative control over the bridged DOT token contract on Ethereum.

With admin access, the attacker minted 1 billion bridged DOT tokens. The legitimate circulating supply was only about 356K tokens, making this a 2,800x inflation. The attacker then sold the minted tokens on decentralized exchanges for approximately $237K before detection. Hyperbridge immediately paused all bridging operations. Native DOT on Polkadot relay chain, parachains, and other bridged assets remained completely secure.

Incident Report

Protocol / Project Hyperbridge
Date of Incident
Affected Chain(s) ethereum
Attack Technique Fake State Proof / Other
Classification Protocol Logic / Bridge
Primary Source View Post-Mortem

Protocol Information

Protocol Type Exploit/Other
Smart Contract Language Solidity
Official Website hyperbridge.network/
Protocol Twitter/X @hyperbridge
Team Anonymous
Source Code Unverified

Market Context at Time of Hack

Token Categories
BNB Chain 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 fake state proof / other and Solidity and EVM internals
Capital Required Seed capital to cover gas and initial position setup
On-Chain Access Ability to interact with ethereum smart contracts and deploy a custom exploit contract
Protocol Analysis Identification of the exploitable vulnerability in Hyperbridge's contract logic - root cause: protocol logic / bridge
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 Fake State Proof / Other audit checklist and test coverage

If you're auditing a protocol with similar architecture to Hyperbridge, these are the critical security checks that could have prevented this incident (April 2026).

  • Verify all logic paths related to Fake State Proof / Other 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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Sources & References

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