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Hack history / 2026 / Hack or exploit

PHX

Hack or exploit on Jul 12, 2026 · Incorrect Share Accounting

ONE SOURCE · 1 SOURCE
Lost
$90K
dollars at the time
Returned
none listed
as the sources state it
Rank
#1,775
among thefts by dollars lost

What happened

PHX token's transfer-fee logic burned tokens from the pair before crediting post-fee amounts, causing recorded reserves to desynchronize with actual balances. An attacker used a flash loan to fund the manipulation, exploiting the mismatch to drain WBNB from the liquidity pool.

Details

Date
Jul 12, 2026
Kind
Hack or exploit
Method
Incorrect Share Accounting
How in
Smart contract bug
Target
Token
Chains
BNB Chain

Reported by

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Cite this pageSwanBluechip, "PHX hack, Jul 12, 2026: $90K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht08c42c83b8/ (data as of 2026-10-31).
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