Cryptocurrency
[loss] $25,000
"Meta Pool, a Liquid Staking Protocol, Suffers $27M Exploit"
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
- 2025-06-17 Breach occurred
- 2025-06-17 Publicly disclosed