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Hack history / 2021 / Hack or exploit

OlympusDAO

Hack or exploit on Nov 23, 2021 · Contract Vulnerability

ONE SOURCE · 1 SOURCE
Lost
undisclosed
dollars at the time
Returned
none listed
as the sources state it
Rank
not ranked
collapses, frauds and later news are not ranked

What happened

The administrator of OlympusDAO, a new algorithmic stablecoin protocol based on Ethereum, said on Discord, the administrator of Discord said that yesterday, someone bonds OHM/DAI bonds that are considered to be closed so that they can get a large discount and receive 1,697 OHM (over 1.4 million U.S. dollars) instead of 59 OHM (approximately US$50,000). After OlympusDAO discovered this incident, it immediately closed the bond contract.

Details

Date
Nov 23, 2021
Kind
Hack or exploit
Method
Contract Vulnerability
How in
Smart contract bug
Target
not stated
Chains
Ethereum

Reported by

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Cite this pageSwanBluechip, "OlympusDAO hack, Nov 23, 2021: undisclosed lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht524a8ef81f/ (data as of 2026-10-31).
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