Skip to content
Est. MMXXVIVol. VI · № 273RSS
Blockchain Breaches

An archive of cryptocurrency security incidents — hacks, exploits, bridge failures and rug pulls, documented with on-chain evidence.

Dossier № 217Smart Contract Bug

The Idols NFT Staking Drain

The Idols NFT lost ~$324K when a staking-rewards accounting flaw let an attacker repeatedly claim weighted rewards far beyond entitlement, draining the pool.

Date
Chain(s)
Status
Funds Stolen

On January 13, 2025, The Idols NFT project lost approximately $324,000 through a staking-reward accounting flaw that let an attacker claim weighted rewards far in excess of entitlement, draining the reward pool.

What happened

The Idols' NFT-staking contract mis-tracked reward weight/claim accounting, allowing repeated over-claims. The reward pool was drained before the issue was caught.

Aftermath

  • Project paused staking; small loss, limited recovery.

Why it matters

The Idols NFT is one more reward-accounting double-dip (Popsicle, Level Finance, Bent, BetterBank). NFT-staking reward math is the same hazard class as LP-reward math: it must stay consistent across stake, unstake, transfer and claim, under arbitrary ordering. The catalogue records this exact surface failing across years and product types — the generalisation developers keep missing is that a reward claim is a withdrawal and needs withdrawal-grade invariant testing, ideally formal.

Sources & on-chain evidence

  1. [01]halborn.comhttps://www.halborn.com/blog/post/explained-the-idols-nft-hack-january-2025
  2. [02]rekt.newshttps://rekt.news/the-idols-nft-rekt

Related filings