Venus Protocol exploit on 2022-05-12 ($14.2M reported)
Exploit on BNB Chain, 12 May 2022. Reported loss $14.2M. Last verified 4 Nov 2026.
major
Reported loss
$14.2M
as reported by the sources
Recovered
-
nothing reported
Status
Unknown
updated 26 Oct 2026
Date
BNB Chain
Summary
On 2022-05-12 Chainlink's LUNA price feed was suspended at a floor price while LUNA kept falling, and accounts deposited large amounts of LUNA on Venus Protocol to borrow against the stale price, leaving a shortfall of about $14,200,000. Venus paused the protocol and said its risk fund would cover the shortfall over time.
- Protocol
- Venus Protocol
- Type
- Exploit
- Reported loss
- $14,200,000 source: community.venus.io ↗
Facts and where they come from
| Fact | Value | Source |
|---|---|---|
| Date | May 12 | community.venus.io ↗ |
| Amount (USD) | about $14,200,000 shortfall | community.venus.io ↗ |
| Remediation | Venus Risk Fund with $15m in balances | community.venus.io ↗ |
Primary sources
- Venus Protocol: LUNA Incident Update 2 ↗ official announcement · 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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