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70 Greed

Base DeFi Vault Loses $6M After Malicious Whitelist Addition

Base DeFi Vault Loses $6M After Malicious Whitelist Addition Image: Crypto Briefing
Image via Crypto Briefing.

On October 4, 2026, a Base DeFi vault lost approximately $6 million, equal to 1,783 wstETH, after a malicious contract was added to its borrower whitelist. The stolen aBaswstETH tokens are Aave Base wstETH deposit receipts, separate from Aave's core lending infrastructure. The vault is governed by a 3-of-7 Safe multisig, with two whitelist changes occurring within a one-minute window that day. No protocol has claimed ownership of the unidentified vault, which still holds roughly $31.7 million in assets.

Key points

  1. The exploit occurred after a malicious contract was added to the vault's borrower whitelist.
  2. The stolen aBaswstETH tokens are Aave Base wstETH deposit receipts, separate from Aave's core infrastructure.
  3. No protocol has claimed ownership of the unidentified affected vault.

Why it matters

The incident highlights risks associated with whitelist access controls and multisig governance for DeFi vaults. It also confirms that breaches of vaults built on Aave do not impact Aave's core lending infrastructure.

What's unclear

The identity of the affected vault and its affiliated protocol has not been confirmed
No official post-mortem has determined the root cause of the whitelist compromise

Price context · AAVE

At publication
$181.69
Now
$183.50
Change since
+1.00%
7 days · dashed line = publication

Sources · 2 publishers

Blockonomi Tier 3 First report
Base DeFi Vault Exploit Drains $6M After Attacker Gains Whitelist Access
Crypto Briefing Tier 2
Base vault drained of $6M in Aave deposit tokens after whitelist change

Coverage timeline

  1. First reported by Blockonomi
  2. Confirmed by Crypto Briefing
  3. CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error

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