Odin.Fun: AMM Liquidity Manipulation (Governance Token Price Pump + Drain)
Odin.Fun suffered its third major breach in six months when attackers pumped worthless SATOSHI tokens through its AMM to drain 58.2 BTC ($7M) in real Bitcoin — with treasury insufficient to compensate and trading suspended indefinitely.
Summary #
Odin.Fun suffered a AMM / Bitcoin Token Trading on 2025-08-12, resulting in a loss of approximately $7M.
What happened #
Odin.Fun suffered its third major breach in six months when attackers pumped worthless SATOSHI tokens through its AMM to drain 58.2 BTC ($7M) in real Bitcoin — with treasury insufficient to compensate and trading suspended indefinitely.
Linked factors #
- RD-F-007 — related : Bug bounty absent — baseline integrity gap [via dashboard_risk_factors/Bug bounty: Unknown]
- RD-F-078 — causal : Chronic flag (≥3 prior exploits) [via cross-hack: Factor 59: Three-or-More Exploit History]
- RD-F-098 — illustrative : TVL anomaly — % drop in <1h vs 30d baseline [via realtime_signals/TVL exit early (Y/N): Y — BTC reserve monitoring would show drawdown]
- RD-F-099 — illustrative : Oracle price deviation > X% from secondary source — RT signal would have fired [via realtime_signals/Oracle anomaly (Y/N): Y — AMM price manipulation of SATOSHI token]