Hack history / 2026 / Hack or exploit
AM
Hack or exploit on Mar 12, 2026 · Incorrect Share Accounting
ONE SOURCE · 1 SOURCE
Lost
$132K
dollars at the time
Returned
none listed
as the sources state it
Rank
#1,615
among thefts by dollars lost
What happened
AM token's deferred burn mechanism was exploited where accumulated toBurnAmount caused unbounded burns on the next sell transaction. Flash loan-funded attackers inflated pair USDT reserves before triggering the deferred burn to sell at exaggerated effective prices.
Details
- Date
- Mar 12, 2026
- Kind
- Hack or exploit
- Method
- Incorrect Share Accounting
- How in
- Smart contract bug
- Target
- DeFi protocol
- Chains
- BNB Chain
Reported by
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Cite this page
SwanBluechip, "AM hack, Mar 12, 2026: $132K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht61a00d0d51/ (data as of 2026-11-01).