Hack history / 2023 / Hack or exploit
Jimbos Protocol
Hack or exploit on May 28, 2023 · Spot Price Manipulation
ATTACK TX CONFIRMED ON CHAINSOURCES AGREE ON DATE AND LOSS · 5 SOURCES
Lost
$7.5M
sources: $7.5M to $8M
Returned
none listed
as the sources state it
Rank
#372
among thefts by dollars lost
What happened
On May 28, 2023, Jimbos Protocol on Arbitrum (launched <20 days prior) was exploited for 4,090 ETH via flashloan-enabled oracle manipulation. Attacker took $5.9M flashloan and manipulated JIMBO price to exploit shift/conversion logic lacking slippage protection.
Details
- Date
- May 28, 2023
- Kind
- Hack or exploit
- Method
- Spot Price Manipulation
- How in
- Price, oracle and governance
- Target
- DeFi protocol
- Chains
- Arbitrum, Ethereum
- Audit (rekt.news)
- unaudited
Related incidents
ParaSpace Lending V1 2023 · Hack or exploit · $5M
Platypus Finance 2023 · Hack or exploit · $2.1M
Zunami Protocol 2023 · Hack or exploit · $2.1M
Balancer V2 2023 · Hack or exploit · $2M
0vix 2023 · Hack or exploit · $2M
Platypus Finance 2023 · Hack or exploit · $2.1M
Zunami Protocol 2023 · Hack or exploit · $2.1M
Balancer V2 2023 · Hack or exploit · $2M
0vix 2023 · Hack or exploit · $2M
Cite this page
SwanBluechip, "Jimbos Protocol hack, May 28, 2023: $7.5M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/htd510057891/ (data as of 2026-10-31).