On February 2022, Meter was exploited in a bridge exploit on Solana, resulting in approximately $4 in losses. That makes the Meter exploit the 466th largest DeFi incident out of 690 documented in our archive.
Attack Mechanics: How the Meter Bridge Exploit Played Out
Exploit Class Applied to Meter
The Meter incident on February 6, 2022 is classified as a Bridge Exploit. A cross-chain bridge is tricked into minting or releasing funds on the destination chain without a valid deposit on the source chain. In the full archive, Meter is 1 of 5 documented bridge exploit incidents.
Meter in Context
At $4, the Meter exploit is a minor (<$1M) event compared to the largest same-class incident in our archive — Li.Fi (2022) at $570K.
Prior Bridge Exploit Before Meter
The nearest bridge exploit incident before Meter was Qubit Finance, 9 days earlier on January 28, 2022 ($80 lost). The same exploit class surfaced again within the bridge exploit attack surface.
Meter Vulnerability Signature
The primary source categorises the Meter exploit specifically as “Bridge”. This narrower label is entity-specific: it reflects how the Meter contract failed, rather than the broad bridge exploit pattern alone.
Target Chain: Solana
The vulnerable Meter contract was deployed on Solana. This determines the block cadence, mempool, and forensic tooling available to investigators.
Impact & Recovery for Meter
Meter Loss Figure
The Meter exploit caused $4 in losses — a minor (<$1M) incident and the 63rd largest of 129 documented in 2022.
Where Meter Sits Among Bridge Exploit Attacks
Ranked by loss size, Meter is the 5th largest of 5 bridge exploit incidents documented. That puts the Meter loss below the class average of $114.3K.
Timeline Since the Meter Incident
The Meter exploit occurred 4.2 years ago (1,528 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.
Primary Reference for Meter
Public post-mortem / on-chain analysis for the Meter incident: view source.
FAQ
How much did Meter lose?
The Meter exploit in February 2022 resulted in $4 in losses — the 63rd largest of 129 DeFi incidents that year.
When did the Meter hack happen?
The Meter exploit was recorded on February 6, 2022 — 1,528 days ago.
What type of exploit hit Meter?
The Meter incident is classified as a Bridge Exploit. A cross-chain bridge is tricked into minting or releasing funds on the destination chain without a valid deposit on the source chain.
Which blockchain was Meter deployed on?
The Meter contract was deployed on Solana, one of 1 documented incidents on that chain.
How does Meter compare to the largest Bridge Exploit attack?
The largest bridge exploit incident in our archive is Li.Fi (2022) at $570K. The Meter loss is $4.
What is the main focus of reinforcement learning in financial markets as discussed in the document?
Applying reinforcement learning for stock and forex trading predictions and operations.
What does UC stand for in the context of SALRS?
Universal Composability.