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Hack history / 2023 / Hack or exploit

Hector Lending

Hack or exploit on Jun 2, 2023 · Token Approval Abuse

ONE SOURCE · 1 SOURCE
Lost
$653K
dollars at the time
Returned
none listed
as the sources state it
Rank
#1,062
among thefts by dollars lost

What happened

Hector Lending's cross-chain bridge on Fantom was exploited on June 2, 2023. An unlimited USDC approval on a beta bridge contract was exploited to drain ~650,000 USDC, after which the network voted to liquidate $16M in treasury.

Details

Date
Jun 2, 2023
Kind
Hack or exploit
Method
Token Approval Abuse
How in
Smart contract bug
Target
DeFi protocol
Chains
Fantom

Reported by

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Fluid Lending 2026 · Hack or exploit · $215K
Cite this pageSwanBluechip, "Hector Lending hack, Jun 2, 2023: $653K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/htec0a4c2dac/ (data as of 2026-11-01).
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