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Hack history / 2022 / Hack or exploit

HackDao

Hack or exploit on May 24, 2022 · Improper Access Control

ONE SOURCE · 1 SOURCE
Lost
$65K
dollars at the time
Returned
none listed
as the sources state it
Rank
#1,853
among thefts by dollars lost

What happened

Attackers exploited HackDao's token fee mechanism and skim() function via flashloan, borrowing and liquidating themselves repeatedly without repaying. The contract's flawed accounting allowed extraction of 200 BNB (~$65K) before theft detection.

Details

Date
May 24, 2022
Kind
Hack or exploit
Method
Improper Access Control
How in
Smart contract bug
Target
DeFi protocol
Chains
BNB Chain

Reported by

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Cite this pageSwanBluechip, "HackDao hack, May 24, 2022: $65K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/htfe614ff64f/ (data as of 2026-11-01).
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