Poolz Network Hack

TOTAL LOST $390K
Low Arithmetic Error bsc
Affected Chain bsc Incident surface
Recovered - No recovery reported
All-Time Rank #1315 By amount stolen
Protocol Type Farm Target category

Incident Overview

POA Network (POA) is a cryptocurrency launched in 2017. POA Network has a current supply of 169,398,072.41347 with 0 in circulation. The last known price of POA Network is 0.00066802 USD and is up 8.93 over the last 24 hours.

It is currently trading on 9 active market(s) with $0.24 traded over the last 24 hours. More information can be found at https://poa.network/.

Incident Report

Protocol / Project Poolz Network
Date of Incident
Affected Chain(s) bsc
Attack Technique Arithmetic Error
Classification Token & Share Accounting

Protocol Information

Protocol Type Farm
Smart Contract Language Solidity
Official Website poa.network/
Protocol Twitter/X @poanetwork

Market Context at Time of Hack

Token Categories
Platform DeFi Scaling Ethereum 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 arithmetic error 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 Poolz Network's contract logic - root cause: token & share accounting
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 Arithmetic Error audit checklist and test coverage

If you're auditing a protocol with similar architecture to Poolz Network, these are the critical security checks that could have prevented this incident (March 2023).

  • Verify all logic paths related to Arithmetic Error 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

Master these auditing techniques with hands-on labs and real exploit scenarios in the Smart Contract Hacking course.

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Learn to Prevent the Next Poolz Network

The Poolz Network hack is one of many attacks that skilled auditors are trained to detect before deployment. Master real exploit patterns and defense techniques with hands-on Web3 security training.

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