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Hack history / 2023 / Hack or exploit

Zunami Protocol

Hack or exploit on Aug 13, 2023 · Spot Price Manipulation

ATTACK TX CONFIRMED ON CHAINSOURCES AGREE ON DATE AND LOSS · 5 SOURCES
Lost
$2.1M
sources: $2M to $2.2M
Returned
none listed
as the sources state it
Rank
#674
among thefts by dollars lost

What happened

On August 13, 2023, Zunami Protocol lost $2.1M to a flash loan attack that manipulated pricing via donation. The attacker exploited a flawed calcTokenPrice function (total_holdings / token_supply) to inflate pool value, increasing their UZD balance 3.5x before withdrawing through Tornado Cash.

Details

Date
Aug 13, 2023
Kind
Hack or exploit
Method
Spot Price Manipulation
How in
Price, oracle and governance
Target
DeFi protocol
Chains
Ethereum
Audit (rekt.news)
Hashex

Reported by

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Cite this pageSwanBluechip, "Zunami Protocol hack, Aug 13, 2023: $2.1M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht8dafafa253/ (data as of 2026-11-01).
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