SurgeBNB Hack

TOTAL LOST $4.0M
Medium Flashloan Reentrancy Attack bsc

Summarize with AI

Affected Chain bsc Incident surface
Recovered - No recovery reported
All-Time Rank #472 By amount stolen
Year 2021 Incident year

Incident Overview

Surge (SURGE) is a cryptocurrency launched in 2025and operates on the BNB Smart Chain (BEP20) platform. Surge has a current supply of 1,000,000,000 with 490,000,000 in circulation. The last known price of Surge is 0.02379936 USD and is up 11.31 over the last 24 hours.

It is currently trading on 24 active market(s) with $5,535,984.12 traded over the last 24 hours. More information can be found at https://surge.xyz/.

Incident Report

Protocol / Project SurgeBNB
Date of Incident
Affected Chain(s) bsc
Attack Technique Flashloan Reentrancy Attack
Classification Ecosystem
Primary Source View Post-Mortem

Protocol Information

Smart Contract Language Solidity
Official Website surge.xyz/
Protocol Twitter/X @Surgexyz_

Market Context at Time of Hack

Token Categories
DeFi Solana Ecosystem BNB Chain Ecosystem Base 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 flashloan reentrancy attack 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 SurgeBNB's contract logic - root cause: ecosystem
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? Yes — skilled auditors routinely flag Flashloan Reentrancy Attack vulnerabilities in code review

If you're auditing a protocol with similar architecture to SurgeBNB, these are the critical security checks that could have prevented this incident (August 2021).

  • Verify all logic paths related to Flashloan Reentrancy Attack are guarded by proper access controls and input validation - see the Flash Loans Attacks attack class for patterns
  • Check that all state-changing functions follow the Checks-Effects-Interactions (CEI) pattern to prevent reentrancy and logic ordering bugs
  • 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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Related Attack Classes

The technique used in this hack maps to these vulnerability classes in our security curriculum:

See all Flash Loans Attacks examples →

Sources & References

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