Hack history / 2026 / Hack or exploit
LAXO
Hack or exploit on Feb 22, 2026 · Incorrect Share Accounting
SOURCES AGREE ON DATE AND LOSS · 2 SOURCES
Lost
$190K
dollars at the time
Returned
none listed
as the sources state it
Rank
#1,503
among thefts by dollars lost
What happened
LAXO token's flawed burn mechanism allowed an attacker to execute a burn-before-sync exploit via flash loans. By burning LAXO directly from the PancakeSwap pool without triggering a reserve sync, the attacker artificially collapsed pool reserves and extracted 487k USDT through manipulated swaps.
Details
- Date
- Feb 22, 2026
- Kind
- Hack or exploit
- Method
- Incorrect Share Accounting
- How in
- Smart contract bug
- Target
- DeFi protocol
- Chains
- BNB Chain
Reported by
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CometDEX 2026 · Hack or exploit · $717K
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Cite this page
SwanBluechip, "LAXO hack, Feb 22, 2026: $190K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht3ef378f79f/ (data as of 2026-11-01).