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Hack history / 2022 / Hack or exploit

Mirror

Hack or exploit on May 26, 2022 · Improper Access Control

IN REVIEWSOURCES DISAGREE ON DATE OR LOSS · 3 SOURCES
Lost
$88M
sources: $2M to $90M
Returned
none listed
as the sources state it
Rank
#70
among thefts by dollars lost

What happened

Mirror Protocol was exploited starting October 8, 2021, via inadequate access control on collateral unlock functions, allowing attackers to withdraw ~$90M over 7 months before discovery in May 2022. A follow-up $2M exploit in May 2022 exploited oracle misalignment during the LUNC-LUNA2 transition.

In review: possible duplicate within one source; sources disagree on the loss.

Details

Date
May 26, 2022
Kind
Hack or exploit
Method
Improper Access Control
How in
Smart contract bug
Target
DeFi protocol
Chains
Terra

After the theft

Recovered or seized
$10K
“Since October 2021, attackers have exploited this vulnerability for multiple attacks within a period of 7 months, and the highest single profit exceeded $4 million ($4.3 million using $10,000), none of which was recovered by Terraform Labs Or the Mirror team found out.” (SlowMist Hacked)

Reported by

Related incidents

Mirror 2023 · Hack or exploit · undisclosed
Mirror Protocol 2022 · Hack or exploit · $2M
Mirror 2021 · Hack or exploit · $90M
Wintermute 2022 · Hack or exploit · $17.6M
Crema Finance 2022 · Hack or exploit · $8.8M
Cite this pageSwanBluechip, "Mirror hack, May 26, 2022: $88M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/hta38abab446/ (data as of 2026-10-31).
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