CoW Swap

CoW Swap Suffers Smart Contract Exploit, Resulting in an Approximately $166K Loss

February 7, 2023
Attack Types: 
Smart Contract Exploit
Entity Types: 
DeFi ,Exchange
Target Entities: 
CoW Swap

Summary # On February 7, 2023, CoW Swap, a decentralized exchange (DEX) protocol, fell victim to a smart contract exploit, resulting in a loss of approximately 550 BNB, or about $180,000 USD. The breach occurred due to a flaw in the protocol’s smart contract, which allowed an unidentified attacker to approve fund transfers from the protocol. Attackers # The identity of the attacker is unknown. 0xc0e82c1ed4786f8b7f806d1b8a6335ec485266ff 0x55a37a2e5e5973510ac9d9c723aec213fa161919 Losses # $166,183 Timeline # January 27, 2023: Barter Solver enters the CoW Swap solver competition. ...