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Hack history / 2024 / Hack or exploit

Swarm Markets

Hack or exploit on Feb 22, 2024 · Improper Access Control

SOURCES AGREE ON DATE AND LOSS · 2 SOURCES
Lost
$473K
dollars at the time
Returned
none listed
as the sources state it
Rank
#1,172
among thefts by dollars lost

What happened

A vulnerability in Swarm Markets' xTokenWrapper contract allowed unauthorized access to withdraw assets. While a MEV bot intercepted most of the attacker's attempts, the first hacker secured 472.8K SMT plus DAI and USDC.

Details

Date
Feb 22, 2024
Kind
Hack or exploit
Method
Improper Access Control
How in
Smart contract bug
Target
DeFi protocol
Chains
Ethereum

Reported by

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Rho Markets 2024 · Hack or exploit · undisclosed
Cite this pageSwanBluechip, "Swarm Markets hack, Feb 22, 2024: $473K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/htcc83738b67/ (data as of 2026-10-31).
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