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Hack history / 2022 / Hack or exploit

KaoyaSwap

Hack or exploit on Aug 24, 2022 · Swap Logic Flaw

SOURCES AGREE ON DATE AND LOSS · 2 SOURCES
Lost
$118K
dollars at the time
Returned
none listed
as the sources state it
Rank
#1,661
among thefts by dollars lost

What happened

KaoyaSwap's swap function had faulty logic allowing attackers to manipulate token calculations. Using a flashloan, an attacker exploited the vulnerability to extract value from the protocol's swap mechanism.

Details

Date
Aug 24, 2022
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, "KaoyaSwap hack, Aug 24, 2022: $118K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht4ad18f2872/ (data as of 2026-10-31).
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