Low Smart contract exploit Source: DeFiLlama Hacks

Thetanuts Finance — First Depositor Attack

Thetanuts Finance experienced a First Depositor Attack on a newly deployed vault, resulting in a loss of approximately $50,000. The attacker manipulated the share calculation logic during initialization to mint shares and then transfer assets, effectively draining the vault.

Estimated loss
$50,000
Protocols
Thetanuts Finance
Chains
Ethereum
Confidence
High
First seen
20 Apr 2026, 00:00 UTC

Read the original report ↗ (opens in a new tab)