shield Reentrancy

Minterest Exploit: Reentrancy Incident Explained (2024)

On July 2024, Minterest suffered a reentrancy — the first of 51 documented reentrancy incidents in our archive where the loss figure was not publicly disclosed but the exploit pattern is documented below.

Attack Mechanics: How the Minterest Reentrancy Played Out

Exploit Class Applied to Minterest

The Minterest incident on July 14, 2024 is classified as a Reentrancy. A malicious contract re-enters a vulnerable function before state is updated, letting it drain funds multiple times. In the full archive, Minterest is 1 of 51 documented reentrancy incidents.

Minterest in Context

The Minterest incident joins a class whose largest loss to date is Curve (2023) at $41M.

Prior Reentrancy Before Minterest

The nearest reentrancy incident before Minterest was MRP, 12 days earlier on July 2, 2024. The same exploit class surfaced again within the reentrancy attack surface.

Impact & Recovery for Minterest

Minterest Loss Figure

The loss figure for Minterest is not publicly disclosed. The primary source reports the exploit in non-USD terms, so no USD estimate is published here. For reference, the average loss across 51 reentrancy incidents in our archive is $2.87M.

Timeline Since the Minterest Incident

The Minterest exploit occurred 1.8 years ago (639 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.

FAQ

How much did Minterest lose?

The Minterest loss figure is not publicly disclosed. The primary source reports the exploit in non-USD token terms, so no USD estimate is published here.

When did the Minterest hack happen?

The Minterest exploit was recorded on July 14, 2024 — 639 days ago.

What type of exploit hit Minterest?

The Minterest incident is classified as a Reentrancy. A malicious contract re-enters a vulnerable function before state is updated, letting it drain funds multiple times.

How common is the Reentrancy pattern seen at Minterest?

Our archive contains 51 documented reentrancy incidents. The Minterest incident is one of them.

How does Minterest compare to the largest Reentrancy attack?

The largest reentrancy incident in our archive is Curve (2023) at $41M. The Minterest loss was not publicly disclosed.

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