Digital Asset
Intelligence
Security Incident · ETH Ecosystem

Reddio Smart Contract Vulnerability: $22.80K Reported Loss

·Historical incident record

Incident Overview

Reddio’s RedSonic Vault on Ethereum was exploited for about 9.25 ETH (~$22,800). After permissionlessly registering an stETH vault, the same stETH was counted in both the ETH vault and the stETH vault. The attacker used a flash loan to inflate the rsvETH share price, redeemed excess ETH, then redeemed rsvstETH to recover the same stETH.

Sources & References

Original incident referencehttps://x.com/SlowMist_Team/status/2096439593403089077 (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.

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