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Hack history / 2020 / Hack or exploit

Uniswap V1

Hack or exploit on Apr 18, 2020 · Reentrancy

ATTACK TX CONFIRMED ON CHAINSOURCES AGREE ON DATE AND LOSS · 3 SOURCES
Lost
$220K
dollars at the time
Returned
none listed
as the sources state it
Rank
#1,460
among thefts by dollars lost

What happened

An attacker exploited a reentrancy vulnerability in Uniswap V1's imBTC liquidity pool using ERC777's callback mechanism. By calling deposit, triggering the ERC777 callback before balance updates, and immediately withdrawing, the attacker could drain tokens from the pool at artificial prices. The Consensys team had discovered the vulnerability in 2019 but no exploitable ERC777 token existed until imBTC launched.

Details

Date
Apr 18, 2020
Kind
Hack or exploit
Method
Reentrancy
How in
Smart contract bug
Target
DeFi protocol
Chains
Ethereum

Reported by

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Cite this pageSwanBluechip, "Uniswap V1 hack, Apr 18, 2020: $220K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht4a248068db/ (data as of 2026-10-31).
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