PancakeBunny
Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.
anchored·3M33tJ…igQXSummary
PancakeBunny was a Binance Smart Chain yield aggregator and optimizer built by a team known as Mound, launched in December 2020. The protocol suffered two major flash loan exploits in 2021: a May 20, 2021 attack that caused the BUNNY token to crash over 95% and wiped out approximately $200 million in market capitalization, and a July 16, 2021 attack on its Polygon fork PolyBunny that resulted in $2.4 million in losses. Both exploits stemmed from oracle price manipulation vulnerabilities in the minting reward logic, and the protocol has never recovered to its pre-exploit state.
Connected Entities
1 entities- + 1 more
Timeline(11 events)
December 2020
PancakeBunny launches on Binance Smart Chain, developed by Team Mound.
27 April 2021
BUNNY token reaches all-time high of approximately $553.
20 May 2021
Flash loan attack on BSC: attacker mints ~6.9M BUNNY tokens via oracle manipulation, netting ~$45M. BUNNY price crashes over 95% from ~$146 to ~$6. Market cap loss estimated at $200M.
25 May 2021
AutoShark, a PancakeBunny fork, is exploited using the same attack vector.
26 May 2021
Merlin Labs and PancakeHunny, additional PancakeBunny forks, are exploited using similar techniques.
27 May 2021
PancakeBunny publishes Go Forward Plan, announces pBUNNY compensation token and Compensation Pool.
14 July 2021
ApeRocketFi, another PancakeBunny fork on Polygon, is exploited using the same mint-manipulation vulnerability that would be used against PolyBunny two days later.
16 July 2021
PolyBunny (PancakeBunny's Polygon fork) is hit by a second flash loan attack. Attacker mints 2.1M polyBUNNY tokens via SushiSwap vault miscalculation, nets $2.4M (1,281.7 ETH). polyBUNNY price falls 82%.
21 July 2021
Team Bunny announces slowdown of new product releases to prioritize security; distributes MND tokens as compensation to PolyBunny holders.
2022
BUNNY token price at approximately $1.16, down 99.8% from April 2021 all-time high.
2023
BUNNY token price at approximately $0.30, protocol continues with minimal TVL and activity.
Decision Log
- hash: 12Jrffh4qD8jA9KKzSmEN9GMSChfFoacLFAxo1CbQFAL
This investigation is cryptographically anchored to the Solana blockchain (1 event). 0 of 24 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 5/30/2026, 6:25:37 PM
last updated: 8/29/2026, 1:35:14 AM
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