Hack history / 2021 / Hack or exploit
Alchemix V2
Hack or exploit on Jun 16, 2021 · Borrow Logic Flaw
IN REVIEWSOURCES AGREE ON DATE AND LOSS · 3 SOURCES
Lost
$6.5M
dollars at the time
Returned
none listed
as the sources state it
Rank
#401
among thefts by dollars lost
What happened
Alchemix alETH vault exploited via incorrect vault indexing in the deployment script. Wrong index in debt calculations allowed collateral withdrawal without loan repayment.
In review: possible duplicate within one source.
Details
- Date
- Jun 16, 2021
- Kind
- Hack or exploit
- Method
- Borrow Logic Flaw
- How in
- Smart contract bug
- Target
- DeFi protocol
- Chains
- Ethereum
- Audit (rekt.news)
- unaudited
Reported by
Related incidents
Alchemix 2023 · Hack or exploit · $35.3M
Alpha Finance 2021 · Hack or exploit · $37.5M
Lever 2021 · Hack or exploit · $652K
Alpha Finance 2021 · Hack or exploit · $37.5M
Lever 2021 · Hack or exploit · $652K
Cite this page
SwanBluechip, "Alchemix V2 hack, Jun 16, 2021: $6.5M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht2591504322/ (data as of 2026-10-31).