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Hack history / 2023 / Hack or exploit

dForce Lending

Hack or exploit on Feb 9, 2023 · Read-Only Reentrancy

ATTACK TX CONFIRMED ON CHAININ REVIEWSOURCES DISAGREE ON DATE OR LOSS · 5 SOURCES
Lost
$3.6M
dollars at the time
Returned
$3.6M
100% of the loss, as a source states it
Rank
#536
among thefts by dollars lost

What happened

An attacker exploited read-only reentrancy in dForce's Curve vault integration on Arbitrum and Optimism. During asset withdrawal, the attacker called back into the protocol to manipulate Curve's virtual price and liquidate wstETH/ETH positions.

In review: possible duplicate within one source.

Details

Date
Feb 9, 2023
Kind
Hack or exploit
Method
Read-Only Reentrancy
How in
Smart contract bug
Target
DeFi protocol
Chains
Arbitrum, Optimism, Ethereum
Audit (rekt.news)
out of scope

After the theft

Returned by the attacker
yes, amount not stated
“On February 13, dForce tweeted that the attackers had returned all stolen funds to the project multi-signature addresses on Arbitrum and Optimism, and all affected users would be compensated.” (SlowMist Hacked)
Victims reimbursed
yes, amount not stated
“On February 13, dForce tweeted that the attackers had returned all stolen funds to the project multi-signature addresses on Arbitrum and Optimism, and all affected users would be compensated.” (SlowMist Hacked)
Recovered or frozen
$3.6M
“$3.6M taken, $0K after recovery or freezing” (Web3 Is Going Great)

Reported by

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Cite this pageSwanBluechip, "dForce Lending hack, Feb 9, 2023: $3.6M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht60bc75fe03/ (data as of 2026-11-01).
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