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ValueDefi

Nov 14, 2020

$7.4M
Lost
$7.4M
Recovered
$0
Net loss
$7.4M
Unrecovered0% recovered

4M DAI via a two-stage flashloan attack that manipulated stablecoin exchange rates through Curve's AMM-based oracle. The attacker voluntarily returned $2M after Value DeFi offered a $1M bounty.

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

Event timeline

  1. Nov 14, 2020
    Exploit executed — $7.4M drained via spot price manipulation
  2. Attributed to Unknown
  3. Recovery status Unrecovered 0%

Data credits

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