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Hack history / 2024 / Hack or exploit

Aave

Hack or exploit on Aug 28, 2024 · Arbitrary External Call

ATTACK TX CONFIRMED ON CHAINSOURCES AGREE ON DATE AND LOSS · 4 SOURCES
Lost
$56K
dollars at the time
Returned
none listed
as the sources state it
Rank
#1,890
among thefts by dollars lost

What happened

On August 28, 2024, the ParaSwapRepayAdapter peripheral contract of Aave was exploited for approximately $56,000. The _buyOnParaSwap function had excessive token allowances that weren't properly adjusted after swap failures, allowing attackers to exploit unvalidated paraswapData parameters and drain accumulated slippage tokens.

Details

Date
Aug 28, 2024
Kind
Hack or exploit
Method
Arbitrary External Call
How in
Smart contract bug
Target
DeFi protocol
Chains
Ethereum, Polygon, Avalanche

Reported by

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Cite this pageSwanBluechip, "Aave hack, Aug 28, 2024: $56K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/htee2aaec489/ (data as of 2026-10-31).
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