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Hack history / 2022 / Hack or exploit

Hundred Finance

Hack or exploit on Mar 15, 2022 · Reentrancy

ATTACK TX CONFIRMED ON CHAININ REVIEWSOURCES DISAGREE ON DATE OR LOSS · 5 SOURCES
Lost
$6.2M
sources: $6M to $12.1M
Returned
none listed
as the sources state it
Rank
#413
among thefts by dollars lost

What happened

On March 15-16, 2022, an attacker exploited a reentrancy vulnerability in Hundred Finance's callback handling to borrow $6 million across multiple markets. The attacker deposited ~$2M USDC collateral, then repeatedly borrowed against it via the onTokenTransfer() callback which triggered before debt was updated.

In review: sources disagree on the loss.

Details

Date
Mar 15, 2022
Kind
Hack or exploit
Method
Reentrancy
How in
Smart contract bug
Target
DeFi protocol
Chains
Gnosis
Audit (rekt.news)
unaudited

Reported by

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Cite this pageSwanBluechip, "Hundred Finance hack, Mar 15, 2022: $6.2M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht046daf9a37/ (data as of 2026-10-31).
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