Hack history / 2023 / Hack or exploit
Neutra Finance
Hack or exploit on Aug 1, 2023 · Spot Price Manipulation
SOURCES AGREE ON DATE AND LOSS · 2 SOURCES
Lost
$36K
dollars at the time
Returned
none listed
as the sources state it
Rank
#1,997
among thefts by dollars lost
What happened
Neutra Finance's convert() function used spot price to value LP tokens, but two LP tokens with the same name (CMLT-LP) from different pools could be swapped for each other. An attacker exploited this by converting from one LP token pool (CMLT-LP-65eb) to the other (CMLT-LP-2ea3), extracting value from the price differential.
Details
- Date
- Aug 1, 2023
- Kind
- Hack or exploit
- Method
- Spot Price Manipulation
- How in
- Price, oracle and governance
- Target
- DeFi protocol
- Chains
- Arbitrum
Reported by
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ParaSpace Lending V1 2023 · Hack or exploit · $5M
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Zunami Protocol 2023 · Hack or exploit · $2.1M
Balancer V2 2023 · Hack or exploit · $2M
ParaSpace Lending V1 2023 · Hack or exploit · $5M
Platypus Finance 2023 · Hack or exploit · $2.1M
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Balancer V2 2023 · Hack or exploit · $2M
Cite this page
SwanBluechip, "Neutra Finance hack, Aug 1, 2023: $36K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/htcf58c85caa/ (data as of 2026-11-01).