MONA Hack

TOTAL LOST $61K
Low BurnAddress Accounting Exploit bsc

Summarize with AI

Affected Chain bsc Incident surface
Recovered - No recovery reported
All-Time Rank #1670 By amount stolen
Protocol Type Chain Target category

Incident Overview

Monad (MON) is a cryptocurrency . Monad has a current supply of 100,682,925,000 with 11,825,165,000 in circulation. The last known price of Monad is 0.03486576 USD and is down -0.69 over the last 24 hours.

It is currently trading on 190 active market(s) with $80,322,153.10 traded over the last 24 hours. More information can be found at https://www.monad.xyz/.

Incident Report

Protocol / Project MONA
Date of Incident
Affected Chain(s) bsc
Attack Technique BurnAddress Accounting Exploit
Classification Protocol Logic
Primary Source View Post-Mortem

Protocol Information

Protocol Type Chain
Smart Contract Language Solidity
Official Website www.monad.xyz/
Protocol Twitter/X @monad

Market Context at Time of Hack

Token Price at Hack $0.00001886
Market Cap at Hack $18K
% of Market Cap Stolen 100.00%
Token Categories
Solana Ecosystem Pump.fun 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 burnaddress accounting exploit and Solidity and EVM internals
Capital Required Seed capital to cover gas and initial position setup
On-Chain Access Ability to interact with bsc smart contracts and deploy a custom exploit contract
Protocol Analysis Identification of the exploitable vulnerability in MONA's contract logic - root cause: protocol logic
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 BurnAddress Accounting Exploit audit checklist and test coverage

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

  • Verify all logic paths related to BurnAddress Accounting Exploit 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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