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Cypher

Aug 7, 2023

$1.0M
Lost
$1.0M
Recovered
$0
Net loss
$1.0M
Unrecovered0% recovered

035M via flashloan-enabled price manipulation. The attacker artificially inflated token prices through flashloans and exploited the protocol's economic model through repeated buying and selling at manipulated prices.

Target
DeFi
Classification
Oracle Manipulation
Technique
Spot Price Manipulation
Attribution
Unknown
Chains
Solana

Event timeline

  1. Aug 7, 2023
    Exploit executed — $1.0M drained via spot price manipulation
  2. Attributed to Unknown
  3. Recovery status Unrecovered 0%

Data credits

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