AutoShark Finance
Summary
AutoShark Finance was a Binance Smart Chain-based yield optimizer and AMM that suffered two separate economic exploits in 2021, resulting in total losses exceeding $1.4 million in BNB across its SHARK and JAWS tokens. The protocol underwent multiple failed recovery attempts — including token migrations from SHARK to JAWS and a new reserve-currency token ATLAS — before formally shutting down in March 2022 after all three tokens had lost 97–99.75% of their peak value. AutoShark has been flagged by ZachXBT in the context of the wider BSC flash loan attack wave that targeted PancakeBunny forks.
Connected Entities
2 entities · 10 linked investigationsTimeline(9 events)
2021-05-01
AutoShark Finance launches on Binance Smart Chain as a PancakeBunny fork, offering yield optimization vaults and swap-mining rewards via the SHARK token.
AutoShark Medium2021-05-19
PancakeBunny, the protocol AutoShark forked, suffers a major flash loan exploit. AutoShark publishes a blog post criticizing PancakeBunny's vulnerability. The SHARK contract has the same flaw.
AutoShark Medium — How PancakeBunny Got Compromised2021-05-25
Flash loan attack drains AutoShark SHARK token. Attacker mints 100 million SHARK tokens and extracts approximately 2,500 BNB (~$822,800). SHARK price collapses from $1.20 to $0.01. AutoShark is the third PancakeBunny fork exploited within a week.
How AutoShark Got Economically Exploited — AutoShark Medium2021-06-01
AutoShark resumes operations after patching the oracle vulnerability and migrating to the new JAWS token to compensate SHARK holders.
AutoShark Medium2021-10-02
Swap mining exploit drains approximately 1,388 BNB (~$581,000) via flash loan manipulation of FINS token reward pool. Attacker executes hundreds of back-and-forth swaps to collect outsized fee rebates.
Quadriga Initiative Case Study2021-10-29
Second major 2021 attack: economic exploit on JAWS-BNB vault drains approximately 4,348.5 BNB. Attacker manipulates NOVA token price to inflate JAWS minting rewards. AutoShark suspends all JAWS minters.
Post Mortem Review on Economic Attack — AutoShark Medium2021-11-21
AutoShark launches ATLAS token at $10 per token as part of the Atlantis Initiative decentralized reserve currency platform.
Atlantis Initiative Announced — Binance Chain News2021-12-01
ATLAS token collapses following alleged insider dumping by early-access investors. All three AutoShark tokens (JAWS, FINS, ATLAS) are in severe decline.
AutoShark Bids Adieu — Binance Chain News2022-03-04
AutoShark formally announces shutdown. ATLAS is down 97%, JAWS down 99.5%, FINS down 99.75% from respective all-time highs. Team outlines residual BNB distributions and states no future projects are planned.
End of an Era — AutoShark MediumDecision Log
- hash: CU6rcdzGWeEC4nRc6g5QN14besrUm6EBSM9yiXQ1xVnL
This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.
model: claude-sonnet-4-5
generated: 5/4/2026, 2:54:57 AM
last updated: 5/30/2026, 12:11:49 PM
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