Hack history / 2026 / Hack or exploit
Makina
Hack or exploit on Jan 20, 2026 · Spot Price Manipulation
SOURCES AGREE ON DATE AND LOSS · 4 SOURCES
Lost
$4.2M
sources: $4.1M to $5.1M
Returned
$3.4M
81% of the loss, as a source states it
Rank
#508
among thefts by dollars lost
What happened
An attacker took a $280M flashloan and used $170M to manipulate Makina's sharePrice oracle via three compounding flaws: permissionless oracle updates, synchronous Curve spot prices with no TWAP, and pre-approved Weiroll paths. Extracted ~$4.2M.
Details
- Date
- Jan 20, 2026
- Kind
- Hack or exploit
- Method
- Spot Price Manipulation
- How in
- Price, oracle and governance
- Target
- DeFi protocol
- Chains
- Ethereum
After the theft
- Returned by the attacker
- yes, amount not stated
“News on January 23: Makina, a DeFi execution engine, posted on X stating that at 21:15 on January 22, the MEV Builder returned funds according to the SEAL Safe Harbor, deducting a 10% bounty.” (SlowMist Hacked)
Reported by
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Cite this page
SwanBluechip, "Makina hack, Jan 20, 2026: $4.2M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht13de72ebfd/ (data as of 2026-10-31).