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Hack history / 2024 / Hack or exploit

ThalaSwap

Hack or exploit on Nov 15, 2024 · Missing Input Validation

SOURCES AGREE ON DATE AND LOSS · 3 SOURCES
Lost
$25.5M
dollars at the time
Returned
$25.2M
99% of the loss, as a source states it
Rank
#177
among thefts by dollars lost

What happened

On November 15, 2024, an attacker exploited missing balance validation in Thala's v1 farming contracts to unstake $25.5M in LP tokens without owning them. Thala recovered $25M within 6 hours through white-hat negotiation.

Details

Date
Nov 15, 2024
Kind
Hack or exploit
Method
Missing Input Validation
How in
Smart contract bug
Target
DeFi protocol
Chains
Aptos

After the theft

Recovered or seized
$25M
“Thala recovered $25M within 6 hours through white-hat negotiation.” (DefiLlama)
Frozen
$9M
“Thala has since paused all related contracts and frozen Thala token assets ($9m MOD and $2.5m THL).” (SlowMist Hacked)
Recovered or frozen
$25.2M
“$25.5M taken, $300K after recovery or freezing” (Web3 Is Going Great)

Reported by

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Cite this pageSwanBluechip, "ThalaSwap hack, Nov 15, 2024: $25.5M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht4dd47ee21a/ (data as of 2026-10-31).
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