Incident All ledgers
ThalaSwap: $25.5m
ThalaSwap lost $25.5m on 15 November 2024. Ranked 114th of 1,272 crypto failures, with method, returned funds and comparable incidents.
- Date
- 15 November 2024
- Lost
- $25.5m
- Returned or repaid
- None recorded
- Target
- DeFi Protocol
- Category
- Input Validation
- Method
- Missing Input Validation
- Chains
- Aptos
An attacker exploited missing balance validation in Thala's v1 farming contracts on November 15, 2024, unstaking $25.5M in LP tokens they did not own. Thala recovered $25M within six hours through white-hat negotiation.
Against the ledger
- It ranks 114th of the 1,272 incidents with a known loss, and 11th in 2024.
- It accounts for 36.7% of the $69.5m in known losses in November 2024.
- 66 incidents in the ledger are classified as Input Validation, for $755.5m in total. This one is 3.4% of that.
- The ledger records no returned funds.
Closest in size by the same method
| Date | Target | Lost | Type | Method | Returned |
|---|---|---|---|---|---|
| 23 Mar 2022 | Cashio | $52.8m | DeFi Protocol | Missing Input Validation | — |
| 19 Apr 2024 | Hedgey | $44.7m | DeFi Protocol | Missing Input Validation | — |
| 02 Oct 2022 | Transit Swap | $28.9m | DeFi Protocol | Missing Input Validation | — |
| 22 Nov 2020 | Pickle | $19.7m | DeFi Protocol | Missing Input Validation | — |
| 27 Oct 2022 | Team Finance | $15.8m | DeFi Protocol | Missing Input Validation | — |
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, “ThalaSwap, failures ledger”, data to 2 November 2026, https://bitminer.io/ledger/incident/thalaswap-2024-11-15/. How this is built