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Hack history / 2024 / Hack or exploit

Zest

Hack or exploit on Apr 12, 2024 · Spot Price Manipulation

SOURCES AGREE ON DATE AND LOSS · 2 SOURCES
Lost
$1M
dollars at the time
Returned
none listed
as the sources state it
Rank
#925
among thefts by dollars lost

What happened

On April 12, 2024, Zest Protocol on Stacks was exploited during its public launch via collateral list manipulation. An attacker repeated collateral entries to artificially inflate their perceived collateral value, borrowed well beyond their actual holdings, and removed 322K STX (approximately $1M). Zest paused contracts, offered a $100K bounty, and promised treasury-backed reimbursement.

Details

Date
Apr 12, 2024
Kind
Hack or exploit
Method
Spot Price Manipulation
How in
Price, oracle and governance
Target
DeFi protocol
Chains
Stacks

After the theft

Victims reimbursed
yes, amount not stated
“Zest paused contracts, offered a $100K bounty, and promised treasury-backed reimbursement.” (DefiLlama)

Reported by

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Cite this pageSwanBluechip, "Zest hack, Apr 12, 2024: $1M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/htebd1c64ce9/ (data as of 2026-11-01).
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