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Hack history / 2021 / Hack or exploit

Solend

Hack or exploit on Aug 19, 2021 · Improper Access Control

SOURCES AGREE ON DATE AND LOSS · 2 SOURCES
Lost
$16K
dollars at the time
Returned
none listed
as the sources state it
Rank
#2,182
among thefts by dollars lost

What happened

On August 19, 2021 at 12:40 GMT, Solend's UpdateReserveConfig() admin function was exploited when an attacker bypassed authorization checks by invoking the function with the admin's public key without requiring a valid signature. The attacker attempted to make lending accounts liquidatable, resulting in $16K in liquidations that were fully compensated by the liquidator.

Details

Date
Aug 19, 2021
Kind
Hack or exploit
Method
Improper Access Control
How in
Smart contract bug
Target
DeFi protocol
Chains
Solana

After the theft

Victims reimbursed
yes, amount not stated
“The attacker attempted to make lending accounts liquidatable, resulting in $16K in liquidations that were fully compensated by the liquidator.” (DefiLlama)

Reported by

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Cite this pageSwanBluechip, "Solend hack, Aug 19, 2021: $16K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/htbbcc82ddbd/ (data as of 2026-10-31).
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