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Nov 2, 2022

$1.3M
Lost
$1.3M
Recovered
$0
Net loss
$1.3M
Unrecovered0% recovered

On November 2, 2022, an attacker manipulated USDH price on Saber DEX from $1 to ~$15 to inflate collateral value on Solend, borrowing across isolated pools. 26M in bad debt.

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

Event timeline

  1. Nov 2, 2022
    Exploit executed — $1.3M drained via spot price manipulation
  2. Attributed to Unknown
  3. Recovery status Unrecovered 0%

Data credits

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