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Hack history / 2023 / Hack or exploit

Synthetify

Hack or exploit on Oct 19, 2023 · Malicious Proposal

SOURCES AGREE ON DATE AND LOSS · 2 SOURCES
Lost
$230K
dollars at the time
Returned
none listed
as the sources state it
Rank
#1,443
among thefts by dollars lost

What happened

Synthetify was compromised through a governance attack targeting an inactive DAO with pure token-based voting. The protocol was frozen and no funds were recovered as stolen assets were mixed through Tornado Cash.

Details

Date
Oct 19, 2023
Kind
Hack or exploit
Method
Malicious Proposal
How in
Price, oracle and governance
Target
DeFi protocol
Chains
Solana

After the theft

Frozen
yes, amount not stated
“The protocol was frozen and no funds were recovered as stolen assets were mixed through Tornado Cash.” (DefiLlama)

Reported by

Related incidents

Tornado Cash 2023 · Hack or exploit · $2.2M
Swerve 2023 · Hack or exploit · $1.3M
Cite this pageSwanBluechip, "Synthetify hack, Oct 19, 2023: $230K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht94cfbda5dc/ (data as of 2026-10-31).
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