Hack history / 2023 / Hack or exploit
Raft
Hack or exploit on Nov 10, 2023 · Infinite Mint
ATTACK TX CONFIRMED ON CHAINSOURCES AGREE ON DATE AND LOSS · 5 SOURCES
Lost
$3.3M
dollars at the time
Returned
none listed
as the sources state it
Rank
#563
among thefts by dollars lost
What happened
On November 10, 2023, an attacker exploited a precision error in Raft's divUp function during share token minting to mint ~$6.7M unbacked R tokens via a 6000 cbETH flash loan from Aave, causing a ~$3.3M net loss.
Details
- Date
- Nov 10, 2023
- Kind
- Hack or exploit
- Method
- Infinite Mint
- How in
- Smart contract bug
- Target
- DeFi protocol
- Chains
- Ethereum
- Audit (rekt.news)
- Trail of Bits, Hats Finance
Related incidents
Cite this page
SwanBluechip, "Raft hack, Nov 10, 2023: $3.3M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht0524451a54/ (data as of 2026-10-31).