Incident All ledgers
Gala: $22.3m
Gala lost $22.3m on 20 May 2024. Ranked 126th of 1,272 crypto failures, with method, returned funds and comparable incidents.
- Date
- 20 May 2024
- Lost
- $22.3m
- Returned or repaid
- None recorded
- Target
- DeFi Protocol
- Category
- Token & Share Accounting
- Method
- Infinite Mint
- Chains
- Ethereum
On May 20, 2024, a compromised Gala Games minter private key, likely stolen after being left unused and unrotated, let an attacker mint 5B GALA tokens worth about $200M. The attacker sold them, then returned about $22M.
Against the ledger
- It ranks 126th of the 1,272 incidents with a known loss, and 14th in 2024.
- It accounts for 6.2% of the $359.0m in known losses in May 2024.
- 160 incidents in the ledger are classified as Token & Share Accounting, for $1.45bn in total. This one is 1.5% of that.
- The ledger records no returned funds.
Closest in size by the same method
| Date | Target | Lost | Type | Method | Returned |
|---|---|---|---|---|---|
| 02 May 2021 | Spartan | $30.5m | DeFi Protocol | Incorrect Share Accounting | — |
| 05 Mar 2021 | Paid Network | $27.0m | DeFi Protocol | Infinite Mint | — |
| 08 Jan 2026 | Truebit | $26.4m | DeFi Protocol | Arithmetic Error | — |
| 15 May 2024 | Sonne Finance | $20.0m | DeFi Protocol | Donation Attack | — |
| 27 Jan 2024 | Somesing | $11.6m | DeFi Protocol | Unbacked Mint | — |
All failures in 2024 · The failures ledger
Amounts are DefiLlama’s estimates and can change as incidents are revalued. Its returned figure can include money a company repaid itself, not only funds recovered from attackers. Source: DefiLlama.
Cite this Bitminer.io, “Gala, failures ledger”, data to 2 November 2026, https://bitminer.io/ledger/incident/gala-2024-05-20/. How this is built