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Hack history / 2022 / Hack or exploit

QuickSwap Market

Hack or exploit on Oct 23, 2022 · Spot Price Manipulation

ATTACK TX CONFIRMED ON CHAINSOURCES AGREE ON DATE AND LOSS · 3 SOURCES
Lost
$220K
sources: $188K to $220K
Returned
none listed
as the sources state it
Rank
#1,458
among thefts by dollars lost

What happened

On October 24, 2022, QuickSwap's Market XYZ lending market on Polygon was exploited for $220K via a read-only reentrancy vulnerability in the Curve LP Oracle. An attacker used a flash loan to manipulate spot prices, inflating collateral values to drain assets from the market. The exploit affected LDO, MATIC, and staked MATIC tokens, leading QuickSwap to shut down its lending service.

Details

Date
Oct 23, 2022
Kind
Hack or exploit
Method
Spot Price Manipulation
How in
Price, oracle and governance
Target
DeFi protocol
Chains
Polygon

Reported by

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Cite this pageSwanBluechip, "QuickSwap Market hack, Oct 23, 2022: $220K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht1df45f8482/ (data as of 2026-10-31).
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