Hack history / 2024 / Hack or exploit
Perpy
Hack or exploit on May 6, 2024 · Uninitialized Proxy
SOURCES AGREE ON DATE AND LOSS · 2 SOURCES
Lost
$132K
dollars at the time
Returned
none listed
as the sources state it
Rank
#1,617
among thefts by dollars lost
What happened
Perpy Finance's staking contract proxy was not properly initialized, allowing attackers to invoke initialization functions and gain control. The attacker updated the contract and withdrew 58.489M PRY tokens worth 41.895 ETH.
Details
- Date
- May 6, 2024
- Kind
- Hack or exploit
- Method
- Uninitialized Proxy
- How in
- Smart contract bug
- Target
- DeFi protocol
- Chains
- Arbitrum, Ethereum
Reported by
Related incidents
Cite this page
SwanBluechip, "Perpy hack, May 6, 2024: $132K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht60215cf78c/ (data as of 2026-10-31).