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Hack history / 2024 / Hack or exploit

Rho Markets

Hack or exploit on Jul 19, 2024 · Spot Price Manipulation

IN REVIEWSOURCES AGREE ON DATE AND LOSS · 4 SOURCES
Lost
$7.6M
dollars at the time
Returned
$7.6M
100% of the loss, as a source states it
Rank
#366
among thefts by dollars lost

What happened

Rho Markets on Scroll lost $7.6M on July 19, 2024 when a private key compromise allowed attacker to transfer oracle contract ownership and manipulate price feeds, draining all USDT and USDC.

In review: possible duplicate within one source.

Details

Date
Jul 19, 2024
Kind
Hack or exploit
Method
Spot Price Manipulation
How in
Price, oracle and governance
Target
DeFi protocol
Chains
Scroll, Ethereum

After the theft

Returned by the attacker
yes, amount not stated
“Subsequently, the MEV bot operator returned the funds as planned.” (SlowMist Hacked)
Recovered or frozen
$7.6M
“$7.6M taken, $0K after recovery or freezing” (Web3 Is Going Great)

Reported by

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Rho Markets 2024 · Hack or exploit · undisclosed
Swarm Markets 2024 · Hack or exploit · $473K
Cite this pageSwanBluechip, "Rho Markets hack, Jul 19, 2024: $7.6M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht1b092540a3/ (data as of 2026-10-31).
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