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Hack history / 2021 / Hack or exploit

MonoX

Hack or exploit on Nov 30, 2021 · Swap Logic Flaw

ATTACK TX CONFIRMED ON CHAININ REVIEWSOURCES AGREE ON DATE AND LOSS · 5 SOURCES
Lost
$31M
dollars at the time
Returned
none listed
as the sources state it
Rank
#151
among thefts by dollars lost

What happened

On November 30, 2021 MonoX was hacked for $31.4 million across Ethereum and Polygon when an attacker exploited a swap function that allowed same-asset swaps, using rapid swaps to manipulate the __updateTokenInfo function and artificially inflate MONO token price through a feedback loop, draining $18.2M WETH and $10.5M MATIC.

In review: possible duplicate within one source.

Details

Date
Nov 30, 2021
Kind
Hack or exploit
Method
Swap Logic Flaw
How in
Smart contract bug
Target
DeFi protocol
Chains
Ethereum, Polygon, Bitcoin
Audit (rekt.news)
Halborn, Peckshield

Reported by

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Cite this pageSwanBluechip, "MonoX hack, Nov 30, 2021: $31M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht158dcef677/ (data as of 2026-10-31).
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