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Astroport

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[AI-DRAFTED · AWAITING VERIFICATION]

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Summary

Astroport is a decentralized exchange (DEX) and automated market maker (AMM) protocol originally launched on the Terra blockchain in December 2021 and subsequently rebuilt across multiple Cosmos ecosystem chains after Terra's collapse in May 2022. On July 30, 2024, the protocol suffered a significant security exploit on the Terra (Phoenix) chain resulting in approximately $6.4 million in losses due to a reentrancy vulnerability in IBC hooks that had been patched in April 2024 but accidentally reintroduced in a June 2024 upgrade. The protocol itself was the victim of this exploit; partial recovery was achieved by seizing attacker funds on Neutron and blacklisting addresses on Terra, though a portion of stolen assets reached Ethereum and remain unrecovered.

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Timeline(13 events)

December 2021

Astroport launches on Terra Classic as the primary DEX for the Terra/LUNA ecosystem, reaching over $1.8 billion in TVL.

Astroport Blog / CryptoSlate

May 2022

Terra/LUNA ecosystem collapses. UST depegs and LUNA collapses to near zero. Astroport users suffer liquidity losses tied to the Terra ecosystem failure.

Astroport Medium

May 2022

A fake 'Astroport Swap' mobile application appears on Google Play Store impersonating Astroport, designed to steal user funds and private keys. Astroport confirms no official mobile app exists.

Coin-Signal

4 June 2022

Astroport relaunches on Terra 2.0 (Phoenix chain) following the Terra Classic collapse.

Astroport Medium

8 October 2023

Astroport stakers vote to migrate protocol governance and staking hub from Terra to Neutron.

Astroport Blog

11 January 2024

ASTRO token reaches its all-time high of approximately $0.35 USD.

CoinGecko

April 2024

A reentrancy vulnerability in the IBC hooks ibc-go library is identified and patched across Cosmos chains.

QuillAudits Hack Analysis

12 April 2024

Astroport governance officially migrates to Neutron, with new vxASTRO token mechanics launched.

Neutron Medium

26 April 2024

Terraform Labs withdraws approximately $23.8 million in liquidity from platforms including Astroport in response to an SEC court ruling and expected conduct injunction.

CryptoSlate

13 June 2024

Terraform Labs and Do Kwon agree to pay over $4.5 billion to settle the SEC's securities fraud case following a jury verdict.

SEC.gov

June 2024

Terra upgrades to an outdated ibc-go 7.3.x fork that accidentally reintroduces the April-patched reentrancy vulnerability.

QuillAudits Hack Analysis

30 July 2024

Attacker exploits the reintroduced IBC hook reentrancy vulnerability on Terra's Phoenix chain. Approximately $6.4 million in assets stolen (60M ASTRO, 3.5M USDC, 500K USDT, 2.7 BTC). Terra halts blockchain ~3.5 hours after detection. Astroport and Terra validators seize attacker ASTRO on Neutron and blacklist attacker Terra address. ASTRO token falls 56-60%.

Rekt News / QuillAudits / CoinTelegraph

31 July 2024

Terra resumes operations after patching the IBC hook vulnerability. Astroport confirms attacker ASTRO on Neutron has been seized to Astroport Treasury.

CryptoSlate / Astroport X
Provenance & Audit Trail

Decision Log

This investigation is cryptographically anchored to the Solana blockchain (5 events). 11 of 18 cited source URLs have an Internet Archive snapshot.

model: claude-sonnet-4-6

generated: 6/1/2026, 5:46:54 PM

last updated: 8/25/2026, 1:28:49 PM

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