Osmosis Incident Analysis
ID: dff81a73-c001-5038-aaac-68b4ac526008
STIX ID: report--dff81a73-c001-5038-aaac-68b4ac526008
Feed Name: CertiK Blog
Threat Score
On June 7, 2022 Osmosis was exploited for approximately $5M due to a coding pitfall in MaximalExactRatioJoin that over-calculated LP share issuance (~1.5×), enabling repeated JoinPool/ExitPool transactions to extract excess funds; the chain was halted, exploiters were partially identified and funds traced to CEX accounts, and losses are to be covered from the strategic reserve.
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