Leaderboard
576All-time rank
OR
One Ring Finance
Mar 21, 2022
$1.4M
Lost
$1.4M
Recovered
$0
Net loss
$1.4M
Unrecovered0% recovered
One Ring Finance was exploited via flash loan price manipulation when the protocol's LP token price calculation lacked time-weighted averaging. The attacker pre-positioned assets through Celer Network's cBridge and deployed a contract to drain liquidity.
How the exploit worked
View reproducible PoCFlashloan & Price Oracle Manipulation.
Lost: $1.45 million
Source: DeFiHackLabs (SunWeb3Sec)
- Target
- DeFi
- Classification
- Access Control
- Technique
- Improper Access Control
- Attribution
- Unknown
- Chains
Ethereum
Event timeline
- Mar 21, 2022Exploit executed — $1.4M drained via improper access control
- 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)