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Exactly Protocol smart-contract exploit suspends decentralized lending services

On August 18, 2023 attackers exploited inadequate validation in Exactly Protocol's DebtManager smart contract and stole approximately $7.6 million in assets. The team halted all protocol operations except withdrawals while investigating and auditing, leaving normal lending and leveraged-position functions unavailable.

79

Estimated severity

79 / 100

90

Source reliability

90 / 100

Approximate Date

2023-08-18

Targeted Company

EXA LABS

Targeted Company Supply Chain Impact

  1. Distribution & Fulfillment

  2. Procurement & Sourcing

  3. Production & Manufacturing

  4. Sales (Retail & Ecommerce)

  5. Warehousing

  6. Service Delivery

  7. Unrecognized Impact

Supply Chain Relations

No information

Geographic Impact

Country Targeted Company

Uruguay

URY

Other Affected Countries

No other affected countries reported

Target country

Uruguay

Affected countries

Uruguay

Impacted regions

No information

Operational Impact

Duration

No information

Financial impact (USD M)

$7.61M

Impact types

Service unavailability

Affected sectors

Finance & InsuranceTechnology & IT Services

Affected departments

Information Technology

Attack Profile

Attack types

Exploitation of vulnerability

Attributed threat actors

No information

Sources

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