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Hack history / 2026 / Hack or exploit

HermesVault

Hack or exploit on May 19, 2026 · Withdrawal Logic Flaw

SOURCES AGREE ON DATE AND LOSS · 2 SOURCES
Lost
$30K
dollars at the time
Returned
$26K
87% of the loss, as a source states it
Rank
#2,042
among thefts by dollars lost

What happened

On May 19, 2026, HermesVault, an Algorand privacy protocol, was exploited when an attacker bypassed ZK proof verification via a flaw in the withdrawal verification script's key reset defense logic, stealing 261,000 ALGO (~$29.5K).

Details

Date
May 19, 2026
Kind
Hack or exploit
Method
Withdrawal Logic Flaw
How in
Smart contract bug
Target
DeFi protocol
Chains
Algorand

Reported by

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Cite this pageSwanBluechip, "HermesVault hack, May 19, 2026: $30K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/hte24570b7ef/ (data as of 2026-10-31).
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