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Hack history / 2021 / Hack or exploit

Compound

Hack or exploit on Oct 4, 2021 · Contract Vulnerability

ONE SOURCE · 1 SOURCE
Lost
$68.8M
dollars at the time
Returned
none listed
as the sources state it
Rank
#86
among thefts by dollars lost

What happened

While the decentralized lending agreement Compound tried to fix the loopholes in the liquidity mining token distribution contract through the No. 63 or No. 64 community proposal, another COMP token worth US$68.8 million (a total of 202,472 COMP) was due to The call of the drip() function was entered into the liquidity mining token distribution contract that has existing loopholes.

Details

Date
Oct 4, 2021
Kind
Hack or exploit
Method
Contract Vulnerability
How in
Smart contract bug
Target
not stated
Chains
Ethereum

Reported by

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Cite this pageSwanBluechip, "Compound hack, Oct 4, 2021: $68.8M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht71ed142afa/ (data as of 2026-10-31).
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