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Hack history / 2025 / Hack or exploit

Silo Finance

Hack or exploit on Jun 25, 2025 · Missing Input Validation

ATTACK TX CONFIRMED ON CHAINSOURCES AGREE ON DATE AND LOSS · 3 SOURCES
Lost
$546K
dollars at the time
Returned
none listed
as the sources state it
Rank
#1,116
among thefts by dollars lost

What happened

On June 25, 2025, Silo Finance lost $546,000 when an experimental leverage contract was mistakenly deployed to mainnet. Attacker exploited unchecked borrow() return values, using a malicious token (MalCoin) that reported constant balance=1 to drain ETH without repaying.

Details

Date
Jun 25, 2025
Kind
Hack or exploit
Method
Missing Input Validation
How in
Smart contract bug
Target
DeFi protocol
Chains
Ethereum

Reported by

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Cite this pageSwanBluechip, "Silo Finance hack, Jun 25, 2025: $546K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht8c9cf58e1a/ (data as of 2026-10-31).
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