Hundred Finance Hacked for $7.4M on Optimism
- DeFi
- DeFi Protocol
- Security
Hundred Finance, a DeFi lending protocol, got rekt for $7.4 million in a sophisticated exploit on the Optimism network. The attacker manipulated donation parameters in a flash loan attack, draining funds across multiple assets like WBTC and ETH. This wasn’t their first rodeo—Hundred had been hit before alongside Agave DAO. CT buzzed with warnings about lending protocol vulnerabilities, amplifying calls for better audits.
Incident Details
- Type
- PROTOCOL EXPLOIT
- Funds Lost
- $7.4M
- Status
- Ongoing
Hundred Finance paused operations and urged users to revoke approvals while investigating the exploit.