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SKYDAO — Burn-from-pair + premature sync() drains PancakeSwap pool

Incident date Sep 28, 2026Last updated Oct 8, 2026

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ClosedBNB Chain L1 (EVM) — PancakeSwap V2Token mechanics flaw (burn-from-pair + sync)Cluster: SKYDAO-SYNC-2026-09

Estimated loss

$183.5K

Affected users

Number of affected users is not confirmed
Group joining is coming soon.

Investigation

75%

Facts and investigation

Ledger

Attacker

0x5C9214d91eA1d2D6A46F80457c25a6e7e4D56EBc (BNB Chain EOA that received the profit; the attack ran from a contract created in the attack transaction, probably 0xD14eE7efC20baB439B4dAC53DF3300Cf1f7E6651). Operator unknown.

Funds moved to

59,914.1228863 BSC-USD reached the EOA on Sep 30 at 14:03:26 UTC (sent by 0x99f61F8835766Ab3d071301F5267153db6b70B8A) and never left: the EOA has made no transaction since the attack and no outgoing BSC-USD transfer appears (BscScan exports, Sep 28 - Oct 4). Net balance computed from the transfers: about 59,914.19 BSC-USD, to be confirmed in 'Token Holdings'.

Linked

Attack transaction 0x8e3016674ea8e5d2ad3af422ae5328f5a1f448e6b5a93d5d773e358bd2e440eb (block 124921242). SKYDAO token 0x7eBa33c7a0e555D115277BA4Af04DFbB4F4Fa70c; pool controller 0xEe5fDff6364dDe0A3C66dD38A4303cDd3D10730c; SKYDAO/USDT pair 0x096e08ddA1E18625fFdfBae4BB65a414Aa7eC2c8; flash-loan source Moolah 0x8F73b65B4caAf64FBA2aF91cC5D4a2A1318E5D8C (2,656,932.603895 USDT). Preparation: the EOA was funded on Sep 28 at 10:37:15 UTC with 0.01 BNB by 0x05e13056e88F3075dA3CbB26181e1983bd7a0bD0 (which received 182 USDT from the EOA on Sep 30 at 05:17:58 UTC); PancakeSwap V3 tests on Sep 28-30; test contracts deployed on Sep 29 (tx 0x464a6158e33bf01999259c9848b0835606503992baa43285e6335e368041751b) and Sep 30 (tx 0x44357ff1f73dac856d75512f50784cc51ec9bb4419afbd4c3101b4db86eceded). From Oct 1 many 182-unit 'transfers' of a fake token with a look-alike USDT name go to addresses imitating 0x05e13056e88F3075dA3CbB26181e1983bd7a0bD0: address poisoning aimed at the attacker, not real outflows.

Chronology

1 beat
  1. Sep 28, 2026 the attacker wallet was funded with 0.01 BNB and began testing on PancakeSwap V3. Sep 30 at 14:03:26 UTC (block 124921242) a contract-creation transaction flash-borrowed 2,656,932.60 USDT from Moolah, bought SKY (435,367 USDT) and sent SKY to the pair. SKYDAO's 35% sell-tax path hands the gross amount to the pool controller, which sells the tax, burns the pair's SKY and calls sync() before the net sell is credited. A direct pair.swap() then drained the pair's whole 183,482.88 USDT side; the loan was repaid and 59,914.12 USDT went to the attacker EOA. The gap between the pair's loss and the attacker's net gain (about 123.6k USDT) is not explained publicly. DeFiHackLabs reproduced the attack on Oct 1-2. The profit has not moved since. No project statement was found.

Sources and coverage

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