BeatXswap, a project on BNB Smart Chain (BSC), was hit by a price manipulation attack that led to a loss of about 2.985 million BTX, or roughly $77,500, according to SlowMist. The security firm said the attacker borrowed 6 million BTX through a flash loan and sold the tokens into a Uniswap V3 pool to push the quoted price lower. The attacker then exploited a contract design flaw in which the protocol relied solely on the pool’s spot price as its pricing source. SlowMist said the contract had no time-weighted average price, or TWAP, protection, and no deviation limit. After moving the price, the attacker deposited USDT in two separate transactions, which triggered liquidity minting and allowed BTX to be withdrawn from the LP position. The incident adds to the list of attacks tied to spot-price oracle weaknesses and missing guardrails in on-chain pricing logic.
BeatXswap, a BNB Smart Chain project, suffered a price manipulation attack that resulted in a loss of about 2.985 million BTX, worth roughly $77,500, according to SlowMist.
SlowMist said the attacker first borrowed 6 million BTX through a flash loan and sold the tokens into a Uniswap V3 pool to force the quoted price lower. The exploit then targeted a contract that used the V3 pool’s spot price as its only pricing reference. SlowMist said the contract had no TWAP protection and no deviation cap.
With the price pushed down, the attacker deposited USDT in two rounds, triggered liquidity minting, and withdrew BTX from the LP position.
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