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Hack history / 2022 / Hack or exploit

Transit Swap

Hack or exploit on Oct 1, 2022 · Missing Input Validation

ATTACK TX CONFIRMED ON CHAINSOURCES DISAGREE ON DATE OR LOSS · 5 SOURCES
Lost
$24.9M
sources: $21M to $28.9M
Returned
$15M
60% of the loss, as a source states it
Rank
#181
among thefts by dollars lost

What happened

On 2022-10-02 an attacker exploited a missing payer check in Transit Swap's claimTokens function, pulling tokens from any wallet with an approval to the contract across Ethereum and BSC. Transit Swap lost $28.9 million; the attacker was traced and returned funds the following day.

Details

Date
Oct 1, 2022
Kind
Hack or exploit
Method
Missing Input Validation
How in
Smart contract bug
Target
DeFi protocol
Chains
Ethereum, BNB Chain
Audit (rekt.news)
out of scope

After the theft

Returned by the attacker
$1.9M
“The largest attacker had returned 6,500 BNB (about $1.95 million) on October 10, and on October 13, the attackers returned 3,485 BNB (about $950,000).” (SlowMist Hacked)
Recovered or frozen
$15M
“$21.0M taken, $6.0M after recovery or freezing” (Web3 Is Going Great)

Reported by

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Cite this pageSwanBluechip, "Transit Swap hack, Oct 1, 2022: $24.9M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht11b00d2ab7/ (data as of 2026-10-31).
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