Skip to content
Back to Guavy Wire
Crypto

Base DeFi Vault Hit for $6M in Attack Using Whitelist Access

Instruments
ETH AAVE
Share

A DeFi vault on Base has lost over $6 million after an attacker gained access to its whitelist and extracted assets. The attack was first reported by Blockaid on October 4, with an initial loss estimate of $2.02 million. However, as the exploit continued, the loss estimate was raised to over $6 million. The attacker used a newly created contract to borrow aBaswstETH from the vault and transfer the resulting aTokens to an attacker-controlled contract. The incident has raised questions about the vault's authorization controls, but the root cause of the attack remains unconfirmed.

The affected vault has not been identified, and no official post-mortem has established the exploit's root cause. The $6 million loss estimate is therefore subject to change as investigators continue to trace transactions. The stolen asset connects the incident to Aave liquidity infrastructure, but current evidence does not show that Aave's core lending contracts were compromised. The security firms Spot On Chain and PeckShield have traced the stolen assets to the attacker's address, 0x0B5126…B034.

More on Crypto

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc