5Perp DEXNewJun 21, 2026
PancakeSwap OLPC/LABUBU Liquidity Pool Attacked; Platform Contracts Confirmed Secure
An altcoin liquidity pool on PancakeSwap was exploited in an attack involving the OLPC/LABUBU pool on BNB Chain, with a hacker absconding with approximately 633.4 ETH deposited into Tornado Cash. PancakeSwap responded confirming that its platform contracts contained no vulnerabilities, with SlowMist's Cosine separately analyzing the attack as a suspected pre-designed vulnerability in the pool contract.
Story timeline · 2 days
- Jun 22, 20264BnbLabubu DeFi Exploit Drains $1.1M via Reserve Mismatch
BnbLabubu named as specific exploit with $1.1M loss from OLPC reserve mismatch, linked to prior PancakeSwap pool attack.
- Jun 21, 20265· this storyPancakeSwap OLPC/LABUBU Liquidity Pool Attacked; Platform Contracts Confirmed Secure
Sources · 4
- Watch Out: An Altcoin Liquidity Pool on PancakeSwap Has Been Hackeden.bitcoinsistemi.com · T2
- SlowMist’s Cosine Analyzes BNB Chain OLPC/LABUBU Pool Attack: Suspected Pre-Designed Vulnerabilitypanewslab.com · T2
- Flash Loan: OLPC Liquidity Pool on BSC Exploited, Hacker to Abscond with 633.4 ETH Deposited into Tornado Cashlookonchain.com · T2
- PancakeSwap Responds to OLPC/LABUBU Liquidity Pool Attack: Platform Contracts Have No Vulnerabilitiespanewslab.com · T2