Leaderboard
1220All-time rank
EF
EGD Finance
Aug 7, 2022
$36K
Lost
$36K
Recovered
$0
Net loss
$36K
Unrecovered0% recovered
EGD Finance's reward calculation directly relied on token price without flash loan protection. Attackers used a flashloan to manipulate the USDT/EGD ratio in the PancakeSwap pool, artificially inflating EGD price and claiming excessive rewards.
How the exploit worked
View reproducible PoCFlashloans & Price Manipulation.
Lost: 36,044 USDT
Source: DeFiHackLabs (SunWeb3Sec)
- Target
- DeFi
- Classification
- Oracle Manipulation
- Technique
- Spot Price Manipulation
- Attribution
- Unknown
- Chains
Binance Smart Chain
Event timeline
- Aug 7, 2022Exploit executed — $36K drained via spot price manipulation
- Attributed to Unknown
- Recovery status Unrecovered 0%
Data credits
- DefiLlamaIncident record, amounts, chains, recovery data and logo
- DeFiHackLabsExploit analysis and reproducible proof-of-concept (by SunWeb3Sec)