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Hack history / 2024 / Hack or exploit

MorphoBlue

Hack or exploit on Oct 13, 2024 · Oracle Misconfiguration

ATTACK TX CONFIRMED ON CHAINSOURCES AGREE ON DATE AND LOSS · 2 SOURCES
Lost
$250K
sources: $230K to $250K
Returned
none listed
as the sources state it
Rank
#1,394
among thefts by dollars lost

What happened

Morpho Blue PAXG/USDC market October 13-14, 2024 misconfigured oracle SCALE_FACTOR to value gold at 10^12x. Attacker deposited $350 in PAXG and withdrew ~$250K via decimal mismatch (USDC 6 vs PAXG 18 decimals).

Details

Date
Oct 13, 2024
Kind
Hack or exploit
Method
Oracle Misconfiguration
How in
Price, oracle and governance
Target
DeFi protocol
Chains
Ethereum

Reported by

Related incidents

Shoebill Finance 2024 · Hack or exploit · $1.5M
Cite this pageSwanBluechip, "MorphoBlue hack, Oct 13, 2024: $250K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/hted318b9458/ (data as of 2026-10-31).
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