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Hack history / 2025 / Hack or exploit

Abracadabra Spell

Hack or exploit on Mar 25, 2025 · Liquidation Logic Flaw

SOURCES AGREE ON DATE AND LOSS · 4 SOURCES
Lost
$13M
dollars at the time
Returned
none listed
as the sources state it
Rank
#255
among thefts by dollars lost

What happened

Abracadabra.Money suffered a $13M exploit on March 25, 2025 via a flash loan attack on cauldrons accepting GMX V2 LP tokens as collateral. The attacker manipulated liquidation logic to self-liquidate and extract liquidation incentives.

Details

Date
Mar 25, 2025
Kind
Hack or exploit
Method
Liquidation Logic Flaw
How in
Smart contract bug
Target
DeFi protocol
Chains
Arbitrum, Ethereum
Audit (rekt.news)
Guardian Audits

Reported by

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Cite this pageSwanBluechip, "Abracadabra Spell hack, Mar 25, 2025: $13M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht926f060f2b/ (data as of 2026-10-31).
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