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Hack history / 2023 / Hack or exploit

Rodeo

Hack or exploit on Jul 4, 2023 · Unknown

ONE SOURCE · 1 SOURCE
Lost
$90K
dollars at the time
Returned
none listed
as the sources state it
Rank
#1,761
among thefts by dollars lost

What happened

Rodeo Finance suffered first exploit on July 5, 2023 via a logic flaw in the mintProtocolReserves function, losing ~$89K. A second exploit on July 11 via TWAP oracle manipulation resulted in an additional $1.53M loss (810+ ETH). Stolen funds bridged to Ethereum then partially mixed via Tornado Cash.

Details

Date
Jul 4, 2023
Kind
Hack or exploit
Method
Unknown
How in
Smart contract bug
Target
DeFi protocol
Chains
Arbitrum

Reported by

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Cite this pageSwanBluechip, "Rodeo hack, Jul 4, 2023: $90K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht882f0a85b5/ (data as of 2026-11-01).
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