Hack history / 2024 / Hack or exploit
Lava
Hack or exploit on Mar 28, 2024 · Liquidation Logic Flaw
SOURCES AGREE ON DATE AND LOSS · 3 SOURCES
Lost
$340K
dollars at the time
Returned
none listed
as the sources state it
Rank
#1,272
among thefts by dollars lost
What happened
On March 28-29, 2024, Lava Lending on Arbitrum was exploited for $340K via calculation error in liquidation engine. Flashloan enabled improper collateral/debt evaluation; markets paused within 15 minutes of detection.
Details
- Date
- Mar 28, 2024
- Kind
- Hack or exploit
- Method
- Liquidation Logic Flaw
- How in
- Smart contract bug
- Target
- DeFi protocol
- Chains
- Arbitrum
Reported by
Related incidents
Cite this page
SwanBluechip, "Lava hack, Mar 28, 2024: $340K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht366a79ec3b/ (data as of 2026-10-31).