SwanBluechipHack historyBinance tracker
Hack history / 2021 / Hack or exploit

CREAM Lending

Hack or exploit on Oct 27, 2021 · Spot Price Manipulation

ATTACK TX CONFIRMED ON CHAINSOURCES AGREE ON DATE AND LOSS · 5 SOURCES
Lost
$130M
dollars at the time
Returned
none listed
as the sources state it
Rank
#44
among thefts by dollars lost

What happened

On October 27, 2021, CREAM Finance was exploited for $130 million via flashloan-enabled oracle manipulation. Attacker used flashloans from MakerDAO and Aave to manipulate yUSD price, then minted unbacked yUSD and crYUSD by exploiting vault accounting and composability across Curve and Aave.

Details

Date
Oct 27, 2021
Kind
Hack or exploit
Method
Spot Price Manipulation
How in
Price, oracle and governance
Target
DeFi protocol
Chains
Ethereum
Audit (rekt.news)
unaudited

After the theft

Returned by the attacker
yes, amount not stated
“It is reported that this is the third largest DeFi hacking in history (although the two larger hacking incidents have funds returned), in addition, Cream Finance has suffered multiple lightning loan attacks before, and lost 37.5 million US dollars in February.” (SlowMist Hacked)

Reported by

Related incidents

Secured Finance Lending 2026 · Hack or exploit · $104K
Moonwell Lending 2026 · Hack or exploit · $8.7M
Surf Lending 2026 · Hack or exploit · undisclosed
DefiTuna Lending 2026 · Hack or exploit · $580K
Fluid Lending 2026 · Hack or exploit · $215K
Cite this pageSwanBluechip, "CREAM Lending hack, Oct 27, 2021: $130M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht6a69c59bbf/ (data as of 2026-10-31).
Open in the full listAll incidents