Loopscale exploit on 2025-04-26
Exploit on Solana, 26 Apr 2025. Last verified 4 Nov 2026.
notable
Reported loss
Not in USD
see the amount as stated below
Recovered
Not in USD
all funds
Status
Funds recovered
updated 26 Oct 2026
Date
Solana
Summary
On 2025-04-26 an attacker spoofed RateX principal-token market programs to inflate collateral prices on the Solana lender Loopscale and took undercollateralized loans of 5,726,724.97 USDC and 1,211.4 SOL from its Genesis vaults. Loopscale said all funds were recovered after negotiations.
- Protocol
- Loopscale
- Type
- Exploit
- Reported loss
- 5,726,724.97 USDC and 1,211.4 SOL
- Recovered
- all funds
Facts and where they come from
| Fact | Value | Source |
|---|---|---|
| Date | April 26, 2025 | blog.loopscale.com ↗ |
| Amount | 5,726,724.97 USDC and 1,211.4 SOL | blog.loopscale.com ↗ |
| Recovered | all funds | blog.loopscale.com ↗ |
Primary sources
- Loopscale: Post-mortem, PT collateral pricing incident ↗ post-mortem · accessed 2026-11-04
Our own summary of facts published by the sources above. We do not attribute fault beyond them. Amounts are as the sources state them (no USD conversion by us); links and quoted figures last checked 2026-11-04.
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