shield Reentrancy · $1K loss

PeapodsFinance Hack: How $1K Was Lost in a Reentrancy (2024)

On January 2024, PeapodsFinance was exploited in a reentrancy, resulting in approximately $1K in losses. That makes the PeapodsFinance exploit the 439th largest DeFi incident out of 690 documented in our archive.

Attack Mechanics: How the PeapodsFinance Reentrancy Played Out

Exploit Class Applied to PeapodsFinance

The PeapodsFinance incident on January 29, 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, PeapodsFinance is 1 of 51 documented reentrancy incidents.

PeapodsFinance in Context

At $1K, the PeapodsFinance exploit is a minor (<$1M) event compared to the largest same-class incident in our archive — Curve (2023) at $41M.

Prior Reentrancy Before PeapodsFinance

The nearest reentrancy incident before PeapodsFinance was BarleyFinance, 1 day earlier on January 28, 2024 ($130K lost). The same exploit class surfaced again within the reentrancy attack surface.

Impact & Recovery for PeapodsFinance

PeapodsFinance Loss Figure

The PeapodsFinance exploit caused $1,000 in losses — a minor (<$1M) incident and the 131st largest of 188 documented in 2024.

Where PeapodsFinance Sits Among Reentrancy Attacks

Ranked by loss size, PeapodsFinance is the 28th largest of 51 reentrancy incidents documented. That puts the PeapodsFinance loss below the class average of $2.87M.

Timeline Since the PeapodsFinance Incident

The PeapodsFinance exploit occurred 2.2 years ago (806 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.

Primary Reference for PeapodsFinance

Public post-mortem / on-chain analysis for the PeapodsFinance incident: view source.

FAQ

How much did PeapodsFinance lose?

The PeapodsFinance exploit in January 2024 resulted in $1,000 in losses — the 131st largest of 188 DeFi incidents that year.

When did the PeapodsFinance hack happen?

The PeapodsFinance exploit was recorded on January 29, 2024 — 806 days ago.

What type of exploit hit PeapodsFinance?

The PeapodsFinance 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 PeapodsFinance?

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

How does PeapodsFinance compare to the largest Reentrancy attack?

The largest reentrancy incident in our archive is Curve (2023) at $41M. The PeapodsFinance loss is $1K.

Explain the role of MQTT in the system.

MQTT facilitates lightweight, secure communication between IoT devices and the blockchain network.

What effect explores the informational feedback from markets to corporate decisions?

The feedback effect.