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Hack history / 2021 / Hack or exploit

Gamma

Hack or exploit on Dec 21, 2021 · Arithmetic Error

IN REVIEWONE SOURCE · 1 SOURCE
Lost
$4.5M
dollars at the time
Returned
none listed
as the sources state it
Rank
#484
among thefts by dollars lost

What happened

Gamma Strategies (formerly Visor) was exploited for at least $4.5M via infinite mint vulnerability. Attacker minted unlimited tokens and converted to other assets; token migration announced two days later.

In review: possible duplicate within one source.

Details

Date
Dec 21, 2021
Kind
Hack or exploit
Method
Arithmetic Error
How in
Smart contract bug
Target
DeFi protocol
Chains
Ethereum

Reported by

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Cite this pageSwanBluechip, "Gamma hack, Dec 21, 2021: $4.5M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht9adc90a783/ (data as of 2026-10-31).
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