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Hack history / 2021 / Hack or exploit

Vee Finance

Hack or exploit on Sep 21, 2021 · Spot Price Manipulation

SOURCES AGREE ON DATE AND LOSS · 4 SOURCES
Lost
$35M
dollars at the time
Returned
none listed
as the sources state it
Rank
#143
among thefts by dollars lost

What happened

Vee Finance on Avalanche was exploited on September 21, 2021 for ~$34-35M ($9M BTC + $26.2M ETH). The attacker manipulated Pangolin DEX prices by creating fake trading pairs and executing manipulative trades to distort prices that Vee Finance used as its single oracle source.

Details

Date
Sep 21, 2021
Kind
Hack or exploit
Method
Spot Price Manipulation
How in
Price, oracle and governance
Target
DeFi protocol
Chains
Avalanche
Audit (rekt.news)
Slowmist

Reported by

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Cite this pageSwanBluechip, "Vee Finance hack, Sep 21, 2021: $35M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht6b48903af3/ (data as of 2026-10-31).
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