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Hack history / 2023 / Hack or exploit

CoWSwap

Hack or exploit on Feb 7, 2023 · Arbitrary External Call

ONE SOURCE · 1 SOURCE
Lost
$180K
dollars at the time
Returned
none listed
as the sources state it
Rank
#1,526
among thefts by dollars lost

What happened

On February 7, 2023, CoW Swap was exploited through a vulnerability in the SwapGuard contract which permitted arbitrary external calls. The attacker forced the GPv2Settlement contract to approve a malicious contract and transferred DAI tokens worth approximately $180K from the settlement contract.

Details

Date
Feb 7, 2023
Kind
Hack or exploit
Method
Arbitrary External Call
How in
Smart contract bug
Target
DeFi protocol
Chains
Ethereum

Reported by

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Cite this pageSwanBluechip, "CoWSwap hack, Feb 7, 2023: $180K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht59c7793008/ (data as of 2026-10-31).
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