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Hack history / 2021 / Hack or exploit

Merlin

Hack or exploit on May 26, 2021 · Rounding Error

SOURCES AGREE ON DATE AND LOSS · 2 SOURCES
Lost
$550K
dollars at the time
Returned
none listed
as the sources state it
Rank
#1,111
among thefts by dollars lost

What happened

Merlin Labs (PancakeBunny fork) suffered a second exploit 8 hours after the first on May 26, 2021, draining ~$550K. The priceCalculator had critical math errors in share price computation that allowed attackers to manipulate prices and drain funds.

Details

Date
May 26, 2021
Kind
Hack or exploit
Method
Rounding Error
How in
Smart contract bug
Target
DeFi protocol
Chains
BNB Chain
Audit (rekt.news)
Hacken

Reported by

Related incidents

Merlin 2024 · Hack or exploit · undisclosed
MERLIN DEX 2023 · Rug pull · $1.8M
Merlin 2021 · Hack or exploit · $330K
Merlin 2021 · Hack or exploit · $680K
Cite this pageSwanBluechip, "Merlin hack, May 26, 2021: $550K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht95d3975948/ (data as of 2026-11-01).
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