Hack history / 2022 / Hack or exploit
Osmosis
Hack or exploit on Jun 9, 2022 · LP vulnerability
ONE SOURCE · 1 SOURCE
Lost
$3M
dollars at the time
Returned
none listed
as the sources state it
Rank
#601
among thefts by dollars lost
What happened
Osmosis, the decentralized exchange (DEX) built on the Cosmos network, was shut down just before 3 a.m. ET on Wednesday after attackers exploited a liquidity provider (LP) vulnerability to steal around 5 million Dollar. About an hour after Osmosis tweeted about the attack, 4 hackers accounted for 95% of the total, according to a tweet from Osmosis, Cosmos ecosystem validator FireStake admitted on Twitter, A "momentary error of judgement" led to two members of their team who exploited the vulnerability for roughly $2 million, and they decided to voluntarily return the funds and "fix the problem."
Details
- Date
- Jun 9, 2022
- Kind
- Hack or exploit
- Method
- LP vulnerability
- How in
- Smart contract bug
- Target
- not stated
- Chains
- not stated
Reported by
Related incidents
Cite this page
SwanBluechip, "Osmosis hack, Jun 9, 2022: $3M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/htc03f0c2d0f/ (data as of 2026-10-31).