Digital Asset
Intelligence
Security Incident · ETH Ecosystem

Pike Finance Contract Vulnerability: $1.68M Reported Loss

·Historical incident record

Incident Overview

On April 30th, the cross-chain lending protocol Pike Finance tweeted that its Pike Beta protocol had been attacked, resulting in losses of 99,970.48 ARB, 64,126 OP, and 479.39 ETH. The exploit was caused by weak security measures in Pike's contract functions when handling CCTP transfers. On April 26th, Pike Finance's USDC pool was hacked, resulting in losses of approximately $300,000.

Sources & References

Original incident referencehttps://twitter.com/PikeFinance/status/1785572875124330644 (opens in a new tab)

This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.

More Security Incidents

View All →
  1. Incident date
    Attack methodContract Vulnerability
    Reported loss$ 299,127
  2. Incident date
    Attack methodRug Pull
    Reported loss$ 52,600
  3. Incident date
    Target

    Rain

    Attack methodUnknown
    Reported loss$ 14,800,000
  4. Incident date
    Target

    Dune

    Attack methodAccount Compromise
    Reported lossNot disclosed
  5. Incident date
    Attack methodContract Vulnerability
    Reported loss$ 181,000