Hack history / 2022 / Hack or exploit
Anchor
Hack or exploit on May 29, 2022 · Stale Oracle Price
SOURCES AGREE ON DATE AND LOSS · 2 SOURCES
Lost
$800K
dollars at the time
Returned
none listed
as the sources state it
Rank
#1,002
among thefts by dollars lost
What happened
After Luna 2.0 launch, Chainlink froze LUNC price updates while the oracle maintained a hardcoded $0.10 minimum. An attacker deposited bLUNA at vastly inflated collateral value and borrowed 40M UST for a net $800K profit. Anchor froze markets immediately upon discovery.
Details
- Date
- May 29, 2022
- Kind
- Hack or exploit
- Method
- Stale Oracle Price
- How in
- Price, oracle and governance
- Target
- DeFi protocol
- Chains
- Terra
After the theft
- Frozen
- yes, amount not stated
“After Luna 2.0 launch, Chainlink froze LUNC price updates while the oracle maintained a hardcoded $0.10 minimum.” (DefiLlama)
Reported by
Related incidents
Cite this page
SwanBluechip, "Anchor hack, May 29, 2022: $800K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht1cf68a2547/ (data as of 2026-10-31).