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Hack history / 2024 / Hack or exploit

Radiant V2

Hack or exploit on Jan 2, 2024 · Rounding Error

IN REVIEWSOURCES AGREE ON DATE AND LOSS · 5 SOURCES
Lost
$4.5M
dollars at the time
Returned
none listed
as the sources state it
Rank
#480
among thefts by dollars lost

What happened

On January 2, 2024, Radiant Protocol on Arbitrum suffered a flashloan attack exploiting rounding issues in the burn function on a newly activated USDC market. Attacker extracted 1,900 ETH (~$4.5 million) beyond legitimate deposits through three attacks within 6 seconds of market activation.

In review: possible duplicate within one source.

Details

Date
Jan 2, 2024
Kind
Hack or exploit
Method
Rounding Error
How in
Smart contract bug
Target
DeFi protocol
Chains
Arbitrum, Ethereum
Audit (rekt.news)
out of scope

Reported by

Related incidents

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Cite this pageSwanBluechip, "Radiant V2 hack, Jan 2, 2024: $4.5M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht69fc427981/ (data as of 2026-10-31).
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