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Fantasm Finance

ID: c47e65a8-6b7e-5342-a472-ff794bdb1b12

STIX ID: report--c47e65a8-6b7e-5342-a472-ff794bdb1b12

Feed Name: CertiK Blog

Threat Score
72/100

Date Published: 2022-07-07

Date Updated: 2026-06-11

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On March 9, 2022 Fantasm Finance’s collateral reserve was drained for approximately $2.62M after an attacker exploited flawed error checking and a decimal-calculation bug in the protocol’s mint function to mint excessive XFTM without depositing FTM; the attacker swapped the proceeds to ETH and laundered funds via Tornado Cash. The report provides a detailed cross-chain transaction timeline (BNB → Fantom → Ethereum), the vulnerable contract logic (calcMint), deployed contract behavior, and the total stolen amount and bridge/laundering addresses.

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