Venus Protocol project favicon

Venus Protocol

Multi-Chain
Last audited on 2025/02/25
No active critical issues

Last Issue (1)

Low
Medium
High
Critical
Total
Not fixed
----0
Fixed
1---1
Total10001

Reported rekts

Venus Protocol was reported as rekt on 2022/05/12
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Venus protocol has been drained for $13.5M.

The exploit occurred due to a drop in the price of the LUNA token. More detailed information can be found at this link:
https://blog.venus.io/venus-protocol-official-statement-regarding-luna-6eb45c3cb058.




Victim contract: https://bscscan.com/address/0x151b1e2635a717bcdc836ecd6fbb62b674fe3e1d

Token address: https://bscscan.com/address/0xcf6bb5389c92bdda8a3747ddb454cb7a64626c63
Venus was reported as rekt on 2021/05/17
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Quick Summary

The Venus Protocol experienced a massive liquidation event, due to market circumstances and oracle problems




Details of the Exploit

Venus Protocol is an algorithmic-based money market system, that offers lending opportunities on Binance Smart Chain. The project
experienced a big liquidation event. In comparison, the 0xef044206db68e40520 bfa82d45419d498b4bc7bf account lost about $66 million
in net loss. Liquidators earned around $20 million profit; Sellers made approximately $55 million profit, and Scalpers made
approximately $2 million profit.

Due to unpredictable market fluctuations and the lack of deviation controls on oracles, the protocol lost about $77 million.




Block Data Reference

Token address:

https://bscscan.com/address/0xcf6bb5389c92bdda8a3747ddb454cb7a64626c63


Audits (50)

#NameAuditorDateChainsIssues
1Venus - ZkETH OracleCertiK2025/02/25
Off-Chain (Private)
No active critical issues
2Venus - RiskOracle IntegrationCertiK2025/02/19
Off-Chain (Private)
No active critical issues
3Venus - ERC4626OracleCertiK2025/02/06
Off-Chain (Private)
No active critical issues
4Venus ProtocolCyberscope2025/02/02
Ethereum
No active critical issues
5Venus - PendleOracle UpgradeCertiK2024/12/26
Off-Chain (Private)
No active critical issues
6Venus - ACM Commands Aggreg...CertiK2024/10/07
Off-Chain (Private)
No active critical issues
7Venus - Risk Fund UpgradeCertiK2024/08/26
Off-Chain (Private)
No active critical issues
8Venus - New Custom OracleCertiK2024/08/23
Off-Chain (Private)
No active critical issues
9Venus - Two Kinks Interest ...CertiK2024/07/31
Off-Chain (Private)
No active critical issues
10Venus - sfrxETH oracle adapterCertiK2024/05/17
Off-Chain (Private)
No active critical issues