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Index Coop / Set ExchangeIssuance: ~$9.6k TOCTOU on issuance helper

mediumEthereumdefi

6k drain on Index Coop / Set Protocol’s public ExchangeIssuance helper. An attacker used a malicious Set and manager hook so component amounts changed between quote and pull, then emptied residual inventory that had sat on the helper.

Small dollar size; clean check-then-act pattern. Confirmed firm alert + explorer tx: not a rumor thread.

369 take

Public helpers that leave leftover tokens and trust live state between check and transfer are loaded guns even at tiny TVL.

Pulse lesson for any issuance / swap / “issue for exact” router: lock what you quoted, don’t park dust, don’t let hooks rewrite amounts mid-flow.

Sources