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Hack history / 2022 / Hack or exploit

OptiFi

Hack or exploit on Aug 29, 2022 · Operation error

ONE SOURCE · 1 SOURCE
Lost
$661K
dollars at the time
Returned
none listed
as the sources state it
Rank
#1,058
among thefts by dollars lost

What happened

Solana’s ecological derivative OptiFi tweeted that at around 6:00 UTC on August 29th, team members tried to update and upgrade on Solana, but the OptiFi mainnet program was shut down due to an operation error and could not be recovered, of which 661,000 USDC Locked (95% of funds are owned by team members), all user funds will be compensated.

Details

Date
Aug 29, 2022
Kind
Hack or exploit
Method
Operation error
How in
Smart contract bug
Target
not stated
Chains
Solana

After the theft

Victims reimbursed
yes, amount not stated
“Solana’s ecological derivative OptiFi tweeted that at around 6:00 UTC on August 29th, team members tried to update and upgrade on Solana, but the OptiFi mainnet program was shut down due to an operation error and could not be recovered, of which 661,000 USDC Locked (95% of funds are owned by team members), all user funds will be compensated.” (SlowMist Hacked)

Reported by

Cite this pageSwanBluechip, "OptiFi hack, Aug 29, 2022: $661K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/htdfcb4ae4c1/ (data as of 2026-11-01).
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