Hack history / 2023 / Hack or exploit
pcash
Hack or exploit on May 1, 2023 · Unknown
SOURCES AGREE ON DATE AND LOSS · 2 SOURCES
Lost
$2M
dollars at the time
Returned
none listed
as the sources state it
Rank
#699
among thefts by dollars lost
What happened
The pcash DeFi protocol on EOS was attacked on May 1, resulting in the draining of the main swap contract's liquidity. The attacker stole approximately 2 million EOS tokens and attempted to evade governance by moving funds to EOS EVM accounts. The Pcash team covered user losses and worked with the EOS ecosystem to recover stolen assets, with significant funds recovered through EOS EVM administrative actions.
Details
- Date
- May 1, 2023
- Kind
- Hack or exploit
- Method
- Unknown
- How in
- Smart contract bug
- Target
- DeFi protocol
- Chains
- EOS
After the theft
- Recovered or seized
- yes, amount not stated
“The Pcash team covered user losses and worked with the EOS ecosystem to recover stolen assets, with significant funds recovered through EOS EVM administrative actions.” (DefiLlama) - Victims reimbursed
- yes, amount not stated
“The Pcash team covered user losses and worked with the EOS ecosystem to recover stolen assets, with significant funds recovered through EOS EVM administrative actions.” (DefiLlama)
Reported by
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Cite this page
SwanBluechip, "pcash hack, May 1, 2023: $2M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht1ebd493998/ (data as of 2026-10-31).