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Hack history / 2024 / Hack or exploit

MAAT Protocol

Hack or exploit on Dec 7, 2024 · Withdrawal Logic Flaw

SOURCES DISAGREE ON DATE OR LOSS · 2 SOURCES
Lost
$168K
sources: $168K to $240K
Returned
none listed
as the sources state it
Rank
#1,550
among thefts by dollars lost

What happened

MAAT Protocol's withdrawal logic had a critical edge case where not all shares were burned during withdrawals from the BSC Stargate strategy. This left 1 wei of shares in the contract, allowing third-party addresses to call redeem with minimal share input and drain funds without consuming shares.

Details

Date
Dec 7, 2024
Kind
Hack or exploit
Method
Withdrawal Logic Flaw
How in
Smart contract bug
Target
DeFi protocol
Chains
BNB Chain

Reported by

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Cite this pageSwanBluechip, "MAAT Protocol hack, Dec 7, 2024: $168K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht2743523db3/ (data as of 2026-10-31).
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