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24All-time rank
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Euler V1

Mar 13, 2023

$197M
Lost
$197M
Recovered
$197M
Net loss
$0
Full100% recovered

On March 13, 2023, Euler Finance was exploited via flash loan attack on the donateToReserves function. The attacker stole ~$197M in DAI, USDC, stETH, and WBTC via account balance inflation without actual collateral.

The hacker returned funds within weeks; recovery completed by early April.

Target
DeFi
Classification
Token & Share Accounting
Technique
Donation Attack
Attribution
Unknown
Chains
Ethereum

Event timeline

  1. Mar 13, 2023
    Exploit executed — $197M drained via donation attack
  2. Attributed to Unknown
  3. Recovery status Full 100%

Data credits

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