Hack history / 2024 / Hack or exploit
Starlay Finance
Hack or exploit on Feb 8, 2024 · Redeem Logic Flaw
SOURCES AGREE ON DATE AND LOSS · 2 SOURCES
Lost
$2.1M
dollars at the time
Returned
none listed
as the sources state it
Rank
#674
among thefts by dollars lost
What happened
An improper liquidity index computation in the Starlay USDC lending pool on Acala EVM allowed attackers to withdraw far more than their deposits. The rounding issue in the index calculation enabled the exploit.
Details
- Date
- Feb 8, 2024
- Kind
- Hack or exploit
- Method
- Redeem Logic Flaw
- How in
- Smart contract bug
- Target
- DeFi protocol
- Chains
- Acala, Polkadot
Reported by
Cite this page
SwanBluechip, "Starlay Finance hack, Feb 8, 2024: $2.1M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht99f8ee884e/ (data as of 2026-10-31).