SIL.Finance
Hack or exploit on Mar 18, 2021 · Contract Vulnerability
What happened
DeFi gathers reasonable financial services SIL.Finance contract has high-risk loopholes. Later, SIL.Finance issued an article saying that the incident was caused by a vulnerability in the smart contract permissions, which in turn triggered a general preemptive trading robot to submit a series of transactions for profit. After discovering that the smart contract could not be withdrawn due to high-risk loopholes, after 36 hours of efforts such as SlowMist, it has successfully recovered USD 12.15 million.SIL.Finance stated that if any user assets are damaged in this incident, the team decided to use its own funds to launch a compensation plan: all users who suffered losses will receive 2 times the compensation, which will be issued in SIL.
Details
- Date
- Mar 18, 2021
- Kind
- Hack or exploit
- Method
- Contract Vulnerability
- How in
- Smart contract bug
- Target
- not stated
- Chains
- Ethereum
After the theft
- Recovered or seized
- yes, amount not stated
“After discovering that the smart contract could not be withdrawn due to high-risk loopholes, after 36 hours of efforts such as SlowMist, it has successfully recovered USD 12.15 million.SIL.Finance stated that if any user assets are damaged in this incident, the team decided to use its own funds to launch a compensation plan: all users who suffered losses will receive 2 times the compensation,…” (SlowMist Hacked)
Reported by
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SwanBluechip, "SIL.Finance hack, Mar 18, 2021: undisclosed lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/htd400f0a2ef/ (data as of 2026-10-31).