Hack history / 2023 / Hack or exploit
Level Perps
Hack or exploit on May 1, 2023 · Reward Logic Flaw
ATTACK TX CONFIRMED ON CHAINSOURCES AGREE ON DATE AND LOSS · 5 SOURCES
Lost
$1.1M
sources: $1M to $1.1M
Returned
none listed
as the sources state it
Rank
#908
among thefts by dollars lost
What happened
Level Finance on BSC lost $1.1M in May 2023 when attackers exploited missing epoch reuse prevention in the referral claims contract. Flashloans inflated reward tiers, allowing multiple claims per epoch via the unprotected claimMultiple() function.
Details
- Date
- May 1, 2023
- Kind
- Hack or exploit
- Method
- Reward Logic Flaw
- How in
- Smart contract bug
- Target
- DeFi protocol
- Chains
- BNB Chain
- Audit (rekt.news)
- Obelisk
Related incidents
Wasabi Perps 2026 · Hack or exploit · $5.5M
Aftermath Perps 2026 · Hack or exploit · $1.1M
Velar Perps 2026 · Hack or exploit · $401K
Mars Perps 2025 · Hack or exploit · $960K
Level 2025 · Fraud · undisclosed
Aftermath Perps 2026 · Hack or exploit · $1.1M
Velar Perps 2026 · Hack or exploit · $401K
Mars Perps 2025 · Hack or exploit · $960K
Level 2025 · Fraud · undisclosed
Cite this page
SwanBluechip, "Level Perps hack, May 1, 2023: $1.1M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/hta62163692f/ (data as of 2026-11-01).