Poly Network 2021 cross-chain exploit
In August 2021, Poly Network was exploited for more than $600 million across multiple chains. The case became a major reference point because the attacker later returned most or all of the funds, making it a recovery-centered bridge incident rather than a permanent-loss case.
Incident facts
- Incident title
- Poly Network 2021 cross-chain exploit
- Bridge
- Poly Network
- Incident date
- 2021-08-10
- Incident type
- Exploit
- Major incident
- Yes
- Affected chains
- Ethereum, BNB Chain, Polygon
- Affected assets
- ETH, USDC, USDT, WBTC, BNB, MATIC
- Attack category
- Cross Chain Contract Exploit
- Reported loss
- $610 million
- Recovery
- Full Recovery
- Reimbursement
- Not Applicable
- Restart
- Reopened
- Current outcome
- Active After Incident
- Resolution
- Final outcome known
- Last reviewed
- 2026-07-28
- Last verified
- 2026-07-28
Timeline events
Stolen funds returned in stages2021-08
The attacker returned the stolen assets in stages after communicating publicly with Poly Network and the wider crypto community.
Poly Network exploit disclosed2021-08-10
Poly Network disclosed a cross-chain exploit involving assets valued at more than $600 million across multiple networks.
Poly Network upgraded mainnet and began restoring cross-chain service2021-08-16
Poly Network reported that its upgraded mainnet was live and cross-chain functionality had begun returning for supported assets under a staged restoration process.
Recovery treated as substantially complete2021-09
Later reporting treated the Poly Network case as a near-complete or complete recovery of the stolen funds, distinguishing it from permanent-loss bridge incidents.
Poly Network completed its operations-resumption roadmap2021-09
Poly Network later reported that the roadmap for resuming operations and restoring user assets had been completed, after cross-chain services and advanced functions were progressively restored.
Evidence records
- Poly Network Attacker Returning Funds After Pulling Off Biggest DeFi Theft EverChainalysis · Tier 1 · 2021-08-12
- Security News This Week: A Hacker Stole $610M of Cryptocurrency—and Returned Most of ItWired · Tier 2 · 2021-08-14
- Crypto platform Poly Network says hacked funds returnedReuters via Euronews · Tier 2 · 2021-08-23
- Crypto's biggest hacks and heists after $1.5 billion theft from BybitReuters · Tier 2 · 2025-02-24
- Poly Network mainnet upgrade went livePoly Network · Tier 1 · 2021-08-16
- Poly Network Monthly Report (Sep)Poly Network · Tier 1 · 2021-10-09
- Security News This Week: A Hacker Stole $610M of Cryptocurrency—and Returned Most of ItWired · Tier 2 · 2021-08-14
- Poly Network Attacker Returning Funds After Pulling Off Biggest DeFi Theft EverChainalysis · Tier 1 · 2021-08-12
- Poly Network — Asset Recovery CompletePoly Network · Tier 1 · 2021-08-26
Known unknowns
- Exact asset-level composition and final operational timeline require later source-specific expansion.
- This seed does not yet include a full technical postmortem timeline.