Hack history / 2024 / Hack or exploit
Velocore V2
Hack or exploit on Jun 1, 2024 · Incorrect Fee Accounting
ATTACK TX CONFIRMED ON CHAININ REVIEWSOURCES AGREE ON DATE AND LOSS · 5 SOURCES
Lost
$6.8M
dollars at the time
Returned
none listed
as the sources state it
Rank
#393
among thefts by dollars lost
What happened
Velocore V2 was exploited for ~$6.8M when a fee rate calculation allowed values exceeding 100%. The attacker used a flash loan to shrink the pool and trigger LP token underflow, creating excess LP tokens.
In review: possible duplicate within one source.
Details
- Date
- Jun 1, 2024
- Kind
- Hack or exploit
- Method
- Incorrect Fee Accounting
- How in
- Smart contract bug
- Target
- DeFi protocol
- Chains
- Linea, zkSync Era, Ethereum
- Audit (rekt.news)
- Zokyo, Hacken, Scalebit
Related incidents
Cite this page
SwanBluechip, "Velocore V2 hack, Jun 1, 2024: $6.8M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht13e8e67f40/ (data as of 2026-10-31).