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Hack history / 2024 / Hack or exploit

BasketDAO

Hack or exploit on Jan 17, 2024 · Arbitrary External Call

IN REVIEWSOURCES DISAGREE ON DATE OR LOSS · 2 SOURCES
Lost
$1.2M
sources: $107K to $1.2M
Returned
none listed
as the sources state it
Rank
#869
among thefts by dollars lost

What happened

BasketDAO was exploited via a flaw in its smart contract that allowed arbitrary low-level external calls in the approval process. The vulnerability enabled attackers to drain approved funds from users, resulting in over $1.2M stolen. The protocol subsequently shut down and was acquired by PieDAO.

In review: sources disagree on the loss.

Details

Date
Jan 17, 2024
Kind
Hack or exploit
Method
Arbitrary External Call
How in
Smart contract bug
Target
DeFi protocol
Chains
Ethereum

Reported by

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Cite this pageSwanBluechip, "BasketDAO hack, Jan 17, 2024: $1.2M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht6a2f96ae4d/ (data as of 2026-10-31).
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