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Hack history / 2026 / Hack or exploit

Sweat Foundation

Hack or exploit on Apr 29, 2026 · Withdrawal Logic Flaw

SOURCES AGREE ON DATE AND LOSS · 2 SOURCES
Lost
$3.5M
dollars at the time
Returned
none listed
as the sources state it
Rank
#546
among thefts by dollars lost

What happened

On April 29, 2026, an attacker exploited a logic flaw in the SWEAT token contract on NEAR Protocol, draining 13.71B SWEAT tokens (~$3.5M) from foundation wallets within 30 seconds via a malicious drain contract. Stolen tokens were quickly liquidated via MEXC and Rhea Finance; Sweat Foundation patched the contract and restored all external user balances.

Details

Date
Apr 29, 2026
Kind
Hack or exploit
Method
Withdrawal Logic Flaw
How in
Smart contract bug
Target
DeFi protocol
Chains
NEAR

Reported by

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Cite this pageSwanBluechip, "Sweat Foundation hack, Apr 29, 2026: $3.5M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/htafaaf8a4d5/ (data as of 2026-10-31).
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