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Hack history / 2026 / Hack or exploit

Swell

Hack or exploit on Oct 21, 2026 · Hot Wallet Key Compromised

ONE SOURCE · 1 SOURCE
Lost
undisclosed
dollars at the time
Returned
none listed
as the sources state it
Rank
not ranked
collapses, frauds and later news are not ranked

What happened

An attacker gained control of approximately 30 Swell operational keys across multiple networks, including the swETH/rswETH oracle bot. The attacker drained wallet balances, artificially increased swETH and rswETH exchange rates by submitting unbacked reserve values, and redirected EigenLayer reward claims. They also deployed malicious upgrade contracts capable of draining approximately 2,513 ETH, although these upgrades had not been approved or executed when the investigation was published

Details

Date
Oct 21, 2026
Kind
Hack or exploit
Method
Hot Wallet Key Compromised
How in
Keys, accounts and infrastructure
Target
DeFi protocol
Chains
Ethereum, Arbitrum, Base, Hyperliquid

Reported by

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Cite this pageSwanBluechip, "Swell hack, Oct 21, 2026: undisclosed lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht2690d39711/ (data as of 2026-10-31).
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