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Hack history / 2024 / Hack or exploit

Predy Finance

Hack or exploit on May 14, 2024 · Improper Access Control

ATTACK TX CONFIRMED ON CHAINSOURCES AGREE ON DATE AND LOSS · 3 SOURCES
Lost
$464K
dollars at the time
Returned
none listed
as the sources state it
Rank
#1,178
among thefts by dollars lost

What happened

Predy Finance's PredyPool contract lacked adequate access control in the take() function, allowing attackers to manipulate the liabilities array and drain liquidity from existing trading pairs via flash loans.

Details

Date
May 14, 2024
Kind
Hack or exploit
Method
Improper Access Control
How in
Smart contract bug
Target
DeFi protocol
Chains
Arbitrum

Reported by

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Cite this pageSwanBluechip, "Predy Finance hack, May 14, 2024: $464K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht62d8095f93/ (data as of 2026-10-31).
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