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Hack history / 2021 / Hack or exploit

NowSwap

Hack or exploit on Sep 14, 2021 · Arithmetic Error

SOURCES AGREE ON DATE AND LOSS · 3 SOURCES
Lost
$1.1M
sources: $1M to $1.1M
Returned
none listed
as the sources state it
Rank
#904
among thefts by dollars lost

What happened

NowSwap DEX on Ethereum was exploited on September 15, 2021 when K constant value mismatch (updated in 2 of 3 code locations during upgrade) allowed attacker to swap 1 wei for 98% of pool reserves.

Details

Date
Sep 14, 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, "NowSwap hack, Sep 14, 2021: $1.1M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/htb34094db8a/ (data as of 2026-11-01).
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