Revert Finance Hack
What happened
Revert Finance was exploited via the allowances issue. Roughly 30,000 $USD worth of funds were stolen from the user's wallets.
Revert Finance is a Yield Aggregator which provides tools for various AMMs in four chains - Ethereum, Polygon, Arbitrum, and Optimism. The project's V3Utils contract that was deployed on 3 February 2023 was exploited, allowing the attacker to drain user funds. The total stolen amount is nearly 30,000 $USD, where the majority is 22,983 $USDC.
All the lost funds were compensated to the affected users as airdrops.
Attacker address:
https://etherscan.io/address/0x38f887a0…f32f70
Malicious contract:
https://etherscan.io/address/0xd346f652…61fb27
Malicious transaction:
https://etherscan.io/tx/0xdaccbc43…3f31d5
Case & protocol details
Security review history
Funds Recovery
Recovered
$30K
Net Loss
$0
Evidence & learning
Sources and on-chain records
- report Report twitter.com
- report Post-mortem mirror.xyz
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