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Hack history / 2026 / Hack or exploit

Arrakis V1

Hack or exploit on Aug 23, 2026 · Spot Price Manipulation

SOURCES AGREE ON DATE AND LOSS · 3 SOURCES
Lost
$7K
dollars at the time
Returned
none listed
as the sources state it
Rank
#2,296
among thefts by dollars lost

What happened

The attacker flash-loaned 1,800 WETH and swapped approximately 145 WETH for ENS to manipulate the ENS/WETH Uniswap V3 pool’s instantaneous spot price. The Arrakis V1 vault used pool.slot0() to value its Uniswap V3 position during mint() and burn() without a TWAP or price-deviation guard. The attacker minted vault shares while the price was distorted, restored the pool price, then burned the shares for a more valuable token mix, resulting in approximately 2.94 WETH profit

Details

Date
Aug 23, 2026
Kind
Hack or exploit
Method
Spot Price Manipulation
How in
Price, oracle and governance
Target
DeFi protocol
Chains
Ethereum

Reported by

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Cite this pageSwanBluechip, "Arrakis V1 hack, Aug 23, 2026: $7K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht8014f16a30/ (data as of 2026-10-31).
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