Digital Asset
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Security Incident · Bridge

Sweat Foundation Smart Contract Vulnerability: $3.50M Reported Loss

·Historical incident record

Incident Overview

Sweat Foundation was exploited. An attacker drained approximately 13.71 billion SWEAT tokens (about 65% of total supply) from multiple foundation-controlled accounts within roughly 30 seconds, resulting in a loss of about $3.5 million. The attacker exploited a vulnerability in the SWEAT token contract using a custom drainer contract, then attempted to liquidate and bridge the funds via Ref Finance and Wormhole. The team quickly paused the contract, coordinated freezes with MEXC, and restored all external user balances.

Sources & References

Original incident referencehttps://x.com/SweatEconomy/status/2049588862352060474 (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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