SwanBluechipHack historyBinance tracker
Hack history / 2023 / Hack or exploit

TheStandard.io

Hack or exploit on Nov 6, 2023 · Swap Logic Flaw

SOURCES AGREE ON DATE AND LOSS · 3 SOURCES
Lost
$290K
dollars at the time
Returned
none listed
as the sources state it
Rank
#1,333
among thefts by dollars lost

What happened

TheStandard.io was exploited when an attacker initiated a CDP with 10 WBTC collateral to mint 290K EUROs, then forced a manipulated swap in the WBTC/PAXG pool. Lack of slippage protection (amountOutMinimum = 0) combined with low liquidity enabled the attack.

Details

Date
Nov 6, 2023
Kind
Hack or exploit
Method
Swap Logic Flaw
How in
Smart contract bug
Target
DeFi protocol
Chains
Arbitrum

Reported by

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Cite this pageSwanBluechip, "TheStandard.io hack, Nov 6, 2023: $290K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/hte3cf3c9833/ (data as of 2026-11-01).
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