Leaderboard
830All-time rank
NF

Nereus Finance

Sep 6, 2022

$371K
Lost
$371K
Recovered
$0
Net loss
$371K
Unrecovered0% recovered

Nereus Finance on Avalanche was exploited when the protocol lacked time-weighted average price protection for newly introduced collateral types. The attacker manipulated prices through Trader Joe and Curve, extracting $371,000 in USDC.

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

Event timeline

  1. Sep 6, 2022
    Exploit executed — $371K drained via spot price manipulation
  2. Attributed to Unknown
  3. Recovery status Unrecovered 0%

Data credits

Related incidents