BTC—ETH—

Incident All ledgers

Heco Bridge: $86.6m

Heco Bridge lost $86.6m on 22 November 2023. Ranked 48th of 1,272 crypto failures, with method, returned funds and comparable incidents.

Date
22 November 2023
Lost
$86.6m
Returned or repaid
None recorded
Target
DeFi Protocol
Category
Key Compromise
Method
Hot Wallet Key Compromised
Chains
Ethereum

In November 2023, attackers compromised the operator account of the HECO Chain bridge to Ethereum and used it to make unauthorized withdrawals, draining about $86.6M.

Against the ledger

Closest in size by the same method

DateTargetLostTypeMethodReturned
23 Jun 2022Harmony Bridge$100.0mDeFi ProtocolValidator Key Compromised—
19 Aug 2021Liquid Global$91.3mCEXHot Wallet Key Compromised—
23 Jan 2025Phemex$85.0mCEXHot Wallet Key Compromised—
11 Dec 2021AscenDEX$77.0mCEXHot Wallet Key Compromised—
21 Jun 2021StakeHound / Fireblocks$72.0mDeFi ProtocolKey Brute Forced—

All failures in 2023 · 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, “Heco Bridge, failures ledger”, data to 2 November 2026, https://bitminer.io/ledger/incident/heco-bridge-2023-11-22/. How this is built