Incident All ledgers
Poly Network: $611.0m
Poly Network lost $611.0m on 10 August 2021. Ranked 5th of 1,272 crypto failures, with method, returned funds and comparable incidents.
- Date
- 10 August 2021
- Lost
- $611.0m
- Returned or repaid
- None recorded
- Target
- DeFi Protocol
- Category
- Access Control
- Method
- Improper Access Control
- Chains
- Ethereum, BSC, Polygon
On August 10, 2021, an attacker exploited an access control and cryptography flaw in Poly Network's cross-chain bridge contracts, taking $611M across Ethereum, BSC and Polygon. Within 15 days the attacker voluntarily returned nearly all of it, keeping only transaction fees.
Against the ledger
- It ranks 5th of the 1,272 incidents with a known loss, and 1st in 2021.
- It accounts for 76.5% of the $798.2m in known losses in August 2021.
- 225 incidents in the ledger are classified as Access Control, for $1.96bn in total. This one is 31.1% of that.
- The ledger records no returned funds.
Other incidents named Poly
| Date | Target | Lost | Type | Method | Returned |
|---|---|---|---|---|---|
| 02 Jul 2023 | Poly Network | $5.0m | DeFi Protocol | Forged Proof | — |
Closest in size by the same method
| Date | Target | Lost | Type | Method | Returned |
|---|---|---|---|---|---|
| 01 Apr 2026 | Drift Trade | $295.0m | DeFi Protocol | Proxy Upgrade Hijack | — |
| 12 Feb 2018 | BitGrail | $170.0m | CEX | Improper Access Control | — |
| 09 Nov 2017 | Parity Multisig | $150.0m | DeFi Protocol | Uninitialized Proxy | — |
| 08 Oct 2021 | Mirror | $90.0m | DeFi Protocol | Improper Access Control | — |
| 01 Apr 2025 | UPCX | $70.0m | DeFi Protocol | Proxy Upgrade Hijack | — |
On Bitminer.io
All failures in 2021 · 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, “Poly Network, failures ledger”, data to 2 November 2026, https://bitminer.io/ledger/incident/poly-network-2021-08-10/. How this is built