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Hack history / 2022 / Hack or exploit

Agave

Hack or exploit on Mar 15, 2022 · Reentrancy

ATTACK TX CONFIRMED ON CHAINSOURCES AGREE ON DATE AND LOSS · 3 SOURCES
Lost
$5.5M
dollars at the time
Returned
none listed
as the sources state it
Rank
#431
among thefts by dollars lost

What happened

On Gnosis Chain, attackers exploited xDAI's non-standard _callAfterTransfer() callback reentrancy; using flashloans to stack borrows before balance updates, they withdrew amounts far exceeding collateral value.

Details

Date
Mar 15, 2022
Kind
Hack or exploit
Method
Reentrancy
How in
Smart contract bug
Target
DeFi protocol
Chains
Gnosis

Reported by

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Cite this pageSwanBluechip, "Agave hack, Mar 15, 2022: $5.5M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht5a292d46c4/ (data as of 2026-11-01).
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