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Hack history / 2022 / Hack or exploit

Skyward Finance

Hack or exploit on Nov 2, 2022 · Missing Input Validation

SOURCES AGREE ON DATE AND LOSS · 4 SOURCES
Lost
$3M
sources: $3M to $3.2M
Returned
none listed
as the sources state it
Rank
#600
among thefts by dollars lost

What happened

Skyward Finance was exploited on November 2, 2022 when missing input validation in treasury redemption logic allowed attacker to redeem 1.08M $NEAR (~$3M) in a single transaction. Attacker purchased SKYWARD on Ref.finance and redeemed at unfavorable rates.

Details

Date
Nov 2, 2022
Kind
Hack or exploit
Method
Missing Input Validation
How in
Smart contract bug
Target
DeFi protocol
Chains
NEAR
Audit (rekt.news)
unaudited

Reported by

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Cite this pageSwanBluechip, "Skyward Finance hack, Nov 2, 2022: $3M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht9762d50a4b/ (data as of 2026-10-31).
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