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Oct 2, 2026

Aave exploit drains $305,000 through third-party adapter vulnerability

An attacker exploited a third-party adapter built on Aave v3 to drain approximately $305,000 from two Safe multisig wallets on Ethereum, though Aave's core protocol was unaffected.

Oct 2, 2026·4 sources
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Top claims

  • ▪Blockchain security firms SlowMist and ExVul both raised alerts following the October 1, 2026 FlashLoopAdapter exploit
  • ▪The attacker behind the October 1, 2026 FlashLoopAdapter exploit bypassed its authentication check by deploying a fake Safe contract that spoofed the module-enabled check and returned a positive response
  • ▪An attacker exploited the third-party FlashLoopAdapter contract on October 1, 2026, using a Morpho WETH flash loan to repay debt and unlock collateral from two Safe wallets

Topics

Smart contractsCrypto hacksEthereumDeFiDeFi security

Related entities

Ethereum