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Hack history / 2022 / Hack or exploit

Layer2DAO

Hack or exploit on Oct 23, 2022 · Phishing

IN REVIEWSOURCES DISAGREE ON DATE OR LOSS · 3 SOURCES
Lost
$190K
sources: $87K to $190K
Returned
none listed
as the sources state it
Rank
#1,510
among thefts by dollars lost

What happened

On October 23, 2022, a hacker gained access to Layer2DAO's multisig wallet on Optimism and drained 49,950,000 L2DAO tokens. Layer2DAO negotiated with the attacker and repurchased 31,239,677 tokens to stabilize the market. The token price dropped 36.48% following the incident.

In review: sources disagree on the loss.

Details

Date
Oct 23, 2022
Kind
Hack or exploit
Method
Phishing
How in
Phishing and scams
Target
DeFi protocol
Chains
Optimism, Ethereum

Reported by

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Cite this pageSwanBluechip, "Layer2DAO hack, Oct 23, 2022: $190K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht9f9d915d21/ (data as of 2026-10-31).
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