Hack history / 2024 / Hack or exploit
OcelotDex
Hack or exploit on Sep 20, 2024 · Infinite Mint
IN REVIEWONE SOURCE · 1 SOURCE
Lost
$980K
dollars at the time
Returned
none listed
as the sources state it
Rank
#947
among thefts by dollars lost
What happened
Shezmu's vault contract vulnerability allowed unauthorized minting of ShezUSD stablecoin without collateral, bypassing required checks and enabling attackers to mint unlimited ShezUSD and borrow assets to drain $4.9M. After negotiation, 80% was recovered.
In review: possible duplicate within one source.
Details
- Date
- Sep 20, 2024
- Kind
- Hack or exploit
- Method
- Infinite Mint
- How in
- Smart contract bug
- Target
- DeFi protocol
- Chains
- Ethereum
After the theft
- Recovered or seized
- yes, amount not stated
“After negotiation, 80% was recovered.” (DefiLlama)
Reported by
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Holograph 2024 · Hack or exploit · $1.2M
Gala 2024 · Hack or exploit · $21.8M
Super Sushi Samurai 2024 · Hack or exploit · $4.6M
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Holograph 2024 · Hack or exploit · $1.2M
Cite this page
SwanBluechip, "OcelotDex hack, Sep 20, 2024: $980K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht94be49cea7/ (data as of 2026-11-01).