Aave fork
Hack or exploit on Jul 2, 2023 · Governance Attack
What happened
The Aave fork project on the Pulse chain suffered a governance attack. The hacker first purchased a large number of Aave tokens to obtain the governance authority of the Aave fork project, and then created multiple contracts. The hacker seemed to want to use the governance authority to modify the implementation of the proxy contract Address, using the user's authorization to the contract that has not been canceled, to transfer the user's funds away. Such as WBTC, YFI, BAL, AAVE, UNI and other tokens. Finally, the hacker converted the stolen funds into ETH through the cross-chain bridge protocol, and sent it to the [address] address of Ethereum. The attacker made a profit of 483 ETH (approximately $930,000).
Details
- Date
- Jul 2, 2023
- Kind
- Hack or exploit
- Method
- Governance Attack
- How in
- Bridge and cross-chain
- Target
- not stated
- Chains
- not stated
Reported by
Related incidents
Aave V3 2026 · Hack or exploit · $862K
Aave 2024 · Hack or exploit · $56K
Aave 2023 · Hack or exploit · undisclosed
SwanBluechip, "Aave fork hack, Jul 2, 2023: $930K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/htb5c07d9ab7/ (data as of 2026-10-31).