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Hack history / 2023 / Hack or exploit

HOPE Lend

Hack or exploit on Oct 18, 2023 · Arithmetic Error

ATTACK TX CONFIRMED ON CHAINSOURCES AGREE ON DATE AND LOSS · 4 SOURCES
Lost
$825K
dollars at the time
Returned
none listed
as the sources state it
Rank
#986
among thefts by dollars lost

What happened

HopeLend was exploited via a precision loss vulnerability in hToken's share calculation during the _handleFlashLoanRepayment function. The attacker minted tiny PEPE shares, donated large volumes to distort the exchange rate, then borrowed ETH using rounding errors in the redeemUnderlying function.

Details

Date
Oct 18, 2023
Kind
Hack or exploit
Method
Arithmetic Error
How in
Smart contract bug
Target
DeFi protocol
Chains
Ethereum

Reported by

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Cite this pageSwanBluechip, "HOPE Lend hack, Oct 18, 2023: $825K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht07bd04ff97/ (data as of 2026-10-31).
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