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Hack history / 2020 / Hack or exploit

DeversiFi

Hack or exploit on Jun 10, 2020 · System design defect

ONE SOURCE · 1 SOURCE
Lost
undisclosed
dollars at the time
Returned
none listed
as the sources state it
Rank
not ranked
collapses, frauds and later news are not ranked

What happened

The new version of DeversiFi encountered a vulnerability in less than a week after it was launched. The official said that it would be fixed as soon as possible. The cause of this vulnerability was that a trader tried to submit an order larger than the limit, and the logic of why the system designed order limit is to avoid user's misoperation. After that, the system still repeatedly submitted the order, but it was continuously rejected by the system, which affected the processing of other orders.

Details

Date
Jun 10, 2020
Kind
Hack or exploit
Method
System design defect
How in
Smart contract bug
Target
Centralized exchange
Chains
not stated

Reported by

Related incidents

Loopring 2020 · Hack or exploit · undisclosed
Cite this pageSwanBluechip, "DeversiFi hack, Jun 10, 2020: undisclosed lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/htfe298486b0/ (data as of 2026-10-31).
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