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Hack history / 2025 / Hack or exploit

Abracadabra Spell

Hack or exploit on Oct 4, 2025 · Improper Access Control

IN REVIEWSOURCES AGREE ON DATE AND LOSS · 5 SOURCES
Lost
$1.8M
sources: $1.7M to $1.8M
Returned
none listed
as the sources state it
Rank
#737
among thefts by dollars lost

What happened

On October 4, 2025 Abracadabra Money on Ethereum suffered a critical exploit of the cook() multi-action function where improper state handling allowed attackers to bypass solvency checks: Action 5 set needsSolvencyCheck=true, but Action 0 reset the CookStatus, enabling under-collateralized borrowing and withdrawal of 1.79 million MIM tokens.

In review: possible duplicate within one source.

Details

Date
Oct 4, 2025
Kind
Hack or exploit
Method
Improper Access Control
How in
Smart contract bug
Target
DeFi protocol
Chains
Ethereum

Reported by

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Ribbon 2025 · Hack or exploit · $2.7M
Cite this pageSwanBluechip, "Abracadabra Spell hack, Oct 4, 2025: $1.8M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht6105f31cc1/ (data as of 2026-11-01).
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