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Hack history / 2022 / Hack or exploit

Rari Capital

Hack or exploit on Apr 30, 2022 · Reentrancy

ATTACK TX CONFIRMED ON CHAINSOURCES AGREE ON DATE AND LOSS · 5 SOURCES
Lost
$80M
dollars at the time
Returned
none listed
as the sources state it
Rank
#75
among thefts by dollars lost

What happened

Rari Capital's Fuse lending pools were exploited via a reentrancy vulnerability in exitMarket() when an attacker used a Balancer flashloan to deposit collateral, then recursively borrowed assets and withdrew collateral before borrow records were updated, stealing approximately 28,380 ETH and related assets.

Details

Date
Apr 30, 2022
Kind
Hack or exploit
Method
Reentrancy
How in
Smart contract bug
Target
DeFi protocol
Chains
Ethereum, Arbitrum
Audit (rekt.news)
unaudited

Reported by

Related incidents

Rari Capital 2025 · Hack or exploit · $2M
RARI Foundation 2024 · Hack or exploit · undisclosed
BlockTower Capital 2024 · Fraud · undisclosed
Velvet Capital 2024 · Hack or exploit · undisclosed
Grayscale Capital 2024 · Hack or exploit · undisclosed
Cite this pageSwanBluechip, "Rari Capital hack, Apr 30, 2022: $80M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht032ecc2943/ (data as of 2026-10-31).
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