Hack history / 2025 / Hack or exploit
Loopscale
Hack or exploit on Apr 26, 2025 · Spot Price Manipulation
SOURCES AGREE ON DATE AND LOSS · 4 SOURCES
Lost
$5.8M
dollars at the time
Returned
none listed
as the sources state it
Rank
#427
among thefts by dollars lost
What happened
Loopscale was exploited two weeks after launch when an attacker manipulated RateX PT token pricing to obtain undercollateralized loans, draining 5.7M USDC and 1,200 SOL.
Details
- Date
- Apr 26, 2025
- Kind
- Hack or exploit
- Method
- Spot Price Manipulation
- How in
- Price, oracle and governance
- Target
- DeFi protocol
- Chains
- Solana
After the theft
- Returned by the attacker
- yes, amount not stated
“According to an official update posted by Loopscale on April 29, following successful negotiations, all stolen assets — 5,726,725 USDC and 1,211 SOL — were fully returned on April 26.” (SlowMist Hacked)
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Moonwell Lending 2025 · Hack or exploit · $1M
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Cite this page
SwanBluechip, "Loopscale hack, Apr 26, 2025: $5.8M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht5df451c85d/ (data as of 2026-10-31).