Polymarket UMA CTF Adapter — Legacy Admin Private Key Compromise — May 22, 2026
>10
victims identified on this incident
Are you a victim? → Join the group (coming soon)
Facts and investigation
FreeAttacker: 0x8F98075db5d6C620e8D420A8c516E2F2059d9B91 (compromised UMA CTF Adapter Admin); drained addresses: 0x871D…9082 and 0xf61e…4805
Funds moved to: ~$458K USDC + ~$200K POL drained from 2 addresses connected to the reward payout system, split across 16 wallets then routed to CEXs and services like ChangeNOW. Last attacker transaction at 09:00 UTC.
Attacker wallet: 0x8F98075db5d6C620e8D420A8c516E2F2059d9B91. The compromised wallet held 'resolveManually rights' on the UMA Adapter (much more severe potential impact, not exploited).
Timeline: On 22 May 2026, ZachXBT publicly flagged a suspected exploit on Polymarket's UMA CTF Adapter contract on Polygon. The attacker 0x8F98075db5d6C620e8D420A8c516E2F2059d9B91 systematically drained 5,000 POL every 20-30 seconds via an automated script, from addresses 0x871D…9082 and 0xf61e…4805. Total drained: ~$700K (~$458K USDC + ~$200K POL). Bubblemaps independently confirmed the active exploit. Polymarket developer Josh Stevens: 'not a contract hack, likely a compromise of an old private key' (6-year-old private key included in an internal top-up config). Last attacker transaction at ~09:00 UTC. Polymarket (Shantikiran Chanal) confirmed: 'user funds and market resolution are safe... private key compromise of a wallet used for internal top-up operations'. Funds split across 16 wallets, some deposited to ChangeNOW. The compromised wallet held 'resolveManually rights' on the UMA Adapter — severe potential attack vector not exploited. Worst-case scenario: 'resolveManually rights' unexploited would have allowed the attacker to manually force market resolutions.
Sources and coverage
Free- Articlecryptotimes.iohttps://www.cryptotimes.io/2026/05/22/polymarket-ops-wallet-drained-700k-user-funds-unaffected/
- Articlebitcoinist.comhttps://bitcoinist.com/polymarket-hit-by-700k-exploit-what-we-know/
- Articleprotos.comhttps://protos.com/polymarket-exploited-for-700k-in-private-key-hack/
- Articlecrypto.newshttps://crypto.news/polymarket-hit-zachxbt-flags-520k-uma-adapter-loss/
- Articlecryptobriefing.comhttps://cryptobriefing.com/polymarket-investigates-admin-wallet-compromise-triggers-theft/
- Articleambcrypto.comhttps://ambcrypto.com/polymarkets-700k-exploit-targets-usdc-pol-are-user-funds-safe/
Victim testimonies
FreeNo testimonies yet.
+ Add my testimony → (coming soon)