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Hack history / 2023 / Hack or exploit

Swap-LP

Hack or exploit on May 20, 2023 · Swap Logic Flaw

SOURCES AGREE ON DATE AND LOSS · 2 SOURCES
Lost
$1.1M
dollars at the time
Returned
none listed
as the sources state it
Rank
#896
among thefts by dollars lost

What happened

Swap-LP's factory contract contained a low-level function vulnerability that an attacker exploited to manipulate liquidity pools. The attacker extracted approximately $1.1M (609 ETH) by calling restricted factory functions to drain value from the protocol's liquidity.

Details

Date
May 20, 2023
Kind
Hack or exploit
Method
Swap Logic Flaw
How in
Smart contract bug
Target
DeFi protocol
Chains
BNB Chain

Reported by

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Cite this pageSwanBluechip, "Swap-LP hack, May 20, 2023: $1.1M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht296f00b178/ (data as of 2026-11-01).
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