Hack history / 2024 / Hack or exploit
Minterest
Hack or exploit on Jul 14, 2024 · Reentrancy
SOURCES AGREE ON DATE AND LOSS · 4 SOURCES
Lost
$1.4M
dollars at the time
Returned
none listed
as the sources state it
Rank
#818
among thefts by dollars lost
What happened
An attacker flash loaned USDY tokens, triggering a reentrancy attack during the transfer fallback function. Exchange rate updates executed immediately after borrow operations, allowing the attacker to manipulate rates and liquidate user positions for mETH and WETH.
Details
- Date
- Jul 14, 2024
- Kind
- Hack or exploit
- Method
- Reentrancy
- How in
- Smart contract bug
- Target
- DeFi protocol
- Chains
- Mantle, Ethereum
Related incidents
Penpie 2024 · Hack or exploit · $27.3M
Terra 2.0 2024 · Hack or exploit · $6.4M
Gempad 2024 · Hack or exploit · $1.9M
Clober Liquidity Vault 2024 · Hack or exploit · $501K
Sumer.money 2024 · Hack or exploit · $350K
Terra 2.0 2024 · Hack or exploit · $6.4M
Gempad 2024 · Hack or exploit · $1.9M
Clober Liquidity Vault 2024 · Hack or exploit · $501K
Sumer.money 2024 · Hack or exploit · $350K
Cite this page
SwanBluechip, "Minterest hack, Jul 14, 2024: $1.4M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht2165f08c3f/ (data as of 2026-10-31).