$TENDRIL Sell Hook Exploit Leads to Significant Loss
An exploit in the $TENDRIL token's sell hook resulted in a loss of approximately $555,000. The mechanism allowed for a delayed withdrawal of USDT from the liquidity pool.
The incident involved the $TENDRIL token on the Binance Smart Chain (BSC). A flaw in the sell hook mechanism permitted sellers to debit the token balance and synchronize reserves before the final sell input was processed. This delay enabled a subsequent withdrawal of nearly all USDT from the liquidity pool, leading to a net loss of around $555,000.
The exploit's impact was significant, resulting in a substantial financial loss for those involved. The mechanism exploited allowed for manipulation of the token's liquidity, which ultimately facilitated the withdrawal of funds from the pool. The incident highlights vulnerabilities within the smart contract's design that can be exploited under certain conditions.
One address has been identified in connection with this incident on the BSC. This information may be relevant for tracking the flow of funds related to the exploit. The on-chain record indicates the involvement of this address, which could assist in understanding the aftermath of the incident.
Addresses in this incident
| Address | Chain | Role | Check |
|---|---|---|---|
| 0x000000000000000000000000000000000000dEaD | BSC | mentioned in coverage | Check live |
Roles are attributed to the source that stated them. Addresses without an attributed role are listed because coverage mentioned them, not because we assign them a part in the incident.