RedRubyDAO Hack

TOTAL LOST $91K
Low Other

Summarize with AI

ChatGPT Perplexity Claude Grok
Affected Chain 2022 Incident surface
Recovered - No recovery reported
All-Time Rank #1558 By amount stolen
Protocol Type Exploit/Other Target category

Incident Overview

Quick Summary

RedRubyDAO project was exploited, the attacker used a smart contract deployment to receive 85,000,000 tokens and sold them in the same transaction.

Details of the Exploit

RRD is a BEP20 token of the RedRubyDAO project. The liquidity pool of the token is located on the W3Swap. The hacker deployed a malicious smart contract and transferred 85,000,000 $RRD tokens to the contract balance.

Consequently, the hacker swapped 83,300,000 $RRD on W3swap and received 91,000 $BUSD in the same transaction. The remaining $RRD tokens were transferred to two EOA addresses. The stolen funds stay in the hacker's address at the moment.

Block Data Reference

Attacker address:

https://bscscan.com/address/0x9a52daeb…7b18ad

Malicious contract:

https://bscscan.com/address/0x771f25e7…59d9a8

Malicious transaction:

https://bscscan.com/tx/0x0bb6b1e4…bea209

Liquidity pool:

https://bscscan.com/address/0xd577a5c1…2c8864

Incident Report

Protocol / Project RedRubyDAO
Date of Incident
Attack Technique Other
Classification Token,Other
Primary Source View Post-Mortem

Protocol Information

Protocol Type Exploit/Other
Affected Token RRD
Team Anonymous
Source Code Unverified

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 other and Solidity and EVM internals
Capital Required Seed capital to cover gas and initial position setup
On-Chain Access Ability to interact with smart contracts and deploy a custom exploit contract
Protocol Analysis Identification of the exploitable vulnerability in RedRubyDAO's contract logic - root cause: token,other
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 Other audit checklist and test coverage

If you're auditing a protocol with similar architecture to RedRubyDAO, these are the critical security checks that could have prevented this incident (October 2022).

  • Verify all logic paths related to 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

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

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