Cryptocurrency [loss] $25,000

"Meta Pool, a Liquid Staking Protocol, Suffers $27M Exploit"

2025-06-17 [vendor] Meta Pool [chain] ethereum
Primary Source ↗
Financial Loss $25,000 (25,000 USD)
Blockchain(s) Ethereum

Incident Details

An attacker exploited a vulnerability in the staking contract for Meta Pool, which is a liquid staking project. This allowed them to mint 9,700 mpETH, the project’s liquid staking token, which is notionally worth $27 million. However, very low liquidity for the token meant that the attacker was only able to swap 10 ETH (~$25,000) of tokens.Meta Pool acknowledged the theft in a post shortly after the exploit was noticed by a blockchain security firm, and announced that the team had paused the project’s smart contract.

Total loss estimated at $25,000.

Technical Details

Initial Attack Vector
Smart contract exploit / hack
Vendor / Product
Meta Pool

Timeline

  1. 2025-06-17 Breach occurred
  2. 2025-06-17 Publicly disclosed