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Uwerx

Aug 2, 2023

$327K
Lost
$327K
Recovered
$0
Net loss
$327K
Unrecovered0% recovered

Uwerx was exploited on August 2, 2023 for $327,000 (176 ETH). Attacker flash-loaned 20,000 ETH, swapped for WERX tokens, dumped them into Uniswap pool, then used the skim() function with a specific address.

The 1% burn mechanism on transfers created a price imbalance the attacker arbitraged for profit.

How the exploit worked

View reproducible PoC

Fault logic.

Lost: ~$176ETH

Source: DeFiHackLabs (SunWeb3Sec)

Target
Other
Classification
Oracle Manipulation
Technique
Spot Price Manipulation
Attribution
Unknown
Chains
Ethereum

Event timeline

  1. Aug 2, 2023
    Exploit executed — $327K drained via spot price manipulation
  2. Attributed to Unknown
  3. Recovery status Unrecovered 0%

Data credits

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