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Hack history / 2022 / Hack or exploit

ApeCoin

Hack or exploit on Mar 17, 2022 · Flashloan Governance Attack

IN REVIEWSOURCES DISAGREE ON DATE OR LOSS · 3 SOURCES
Lost
$820K
sources: $500K to $1.1M
Returned
none listed
as the sources state it
Rank
#996
among thefts by dollars lost

What happened

ApeCoin airdrop lacked snapshot protection against flash loans. An attacker flash-loaned BAYC NFTs from NFTX, claimed the airdrop allocation for those NFTs (60,564 APE tokens), and sold them for ~$820K profit in ETH.

In review: possible duplicate within one source; sources disagree on the loss.

Details

Date
Mar 17, 2022
Kind
Hack or exploit
Method
Flashloan Governance Attack
How in
Price, oracle and governance
Target
Token
Chains
Ethereum

Reported by

Related incidents

ApeCoin (APE) 2022 · Hack or exploit · undisclosed
Hacked verified Twitter accounts impersonate BAYC founders, scam $1 million with fake ApeCoin airdrop 2022 · Scam · $1M
Beanstalk 2022 · Hack or exploit · $182M
Cite this pageSwanBluechip, "ApeCoin hack, Mar 17, 2022: $820K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/htd7b2989340/ (data as of 2026-10-31).
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