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Hack history / 2021 / Hack or exploit

THORChain DEX

Hack or exploit on Jul 22, 2021 · Withdrawal Logic Flaw

IN REVIEWSOURCES AGREE ON DATE AND LOSS · 3 SOURCES
Lost
$8M
dollars at the time
Returned
none listed
as the sources state it
Rank
#351
among thefts by dollars lost

What happened

On July 23, 2021, THORChain's ETH Router was exploited when an attacker deployed a custom contract to trick Bifrost Protocol into accepting fake asset deposits, triggering refunds of real assets. The attacker limited impact and requested a 10% bug bounty, suggesting a white-hat teaching lesson.

In review: possible duplicate within one source.

Details

Date
Jul 22, 2021
Kind
Hack or exploit
Method
Withdrawal Logic Flaw
How in
Smart contract bug
Target
DeFi protocol
Chains
Ethereum
Audit (rekt.news)
THORChain

Reported by

Related incidents

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THORChain 2022 · Hack or exploit · undisclosed
THORChain 2021 · Phishing · $76K
THORChain DEX 2021 · Hack or exploit · $5M
Cite this pageSwanBluechip, "THORChain DEX hack, Jul 22, 2021: $8M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht5445c855d4/ (data as of 2026-10-31).
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