On June 2023, DDCoin was exploited in a flash loan attack, resulting in approximately $300K in losses. That makes the DDCoin exploit the 145th largest DeFi incident out of 690 documented in our archive.
Attack Mechanics: How the DDCoin Flash Loan Attack Played Out
Exploit Class Applied to DDCoin
The DDCoin incident on June 1, 2023 is classified as a Flash Loan Attack. Attackers borrow huge amounts via uncollateralised single-transaction loans and manipulate protocol state before repaying in the same block. In the full archive, DDCoin is 1 of 27 documented flash loan attack incidents.
DDCoin in Context
At $300K, the DDCoin exploit is a minor (<$1M) event compared to the largest same-class incident in our archive — PolterFinance (2024) at $7M.
Prior Flash Loan Attack Before DDCoin
The nearest flash loan attack incident before DDCoin was – ParaSpace NFT, 76 days earlier on March 17, 2023. The same exploit class surfaced again within the flash loan attack attack surface.
DDCoin Vulnerability Signature
The primary source categorises the DDCoin exploit specifically as “Flashloan attack and smart contract vulnerability”. This narrower label is entity-specific: it reflects how the DDCoin contract failed, rather than the broad flash loan attack pattern alone.
Impact & Recovery for DDCoin
DDCoin Loss Figure
The DDCoin exploit caused $300,000 in losses — a minor (<$1M) incident and the 58th largest of 214 documented in 2023.
Where DDCoin Sits Among Flash Loan Attack Attacks
Ranked by loss size, DDCoin is the 8th largest of 27 flash loan attack incidents documented. That puts the DDCoin loss below the class average of $577.3K.
Timeline Since the DDCoin Incident
The DDCoin exploit occurred 2.9 years ago (1,048 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.
Primary Reference for DDCoin
Public post-mortem / on-chain analysis for the DDCoin incident: view source.
FAQ
How much did DDCoin lose?
The DDCoin exploit in June 2023 resulted in $300,000 in losses — the 58th largest of 214 DeFi incidents that year.
When did the DDCoin hack happen?
The DDCoin exploit was recorded on June 1, 2023 — 1,048 days ago.
What type of exploit hit DDCoin?
The DDCoin incident is classified as a Flash Loan Attack. Attackers borrow huge amounts via uncollateralised single-transaction loans and manipulate protocol state before repaying in the same block.
How common is the Flash Loan Attack pattern seen at DDCoin?
Our archive contains 27 documented flash loan attack incidents. The DDCoin incident is one of them.
How does DDCoin compare to the largest Flash Loan Attack attack?
The largest flash loan attack incident in our archive is PolterFinance (2024) at $7M. The DDCoin loss is $300K.
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Cryptocurrency holdings can have positive or negative impacts on sustainable performance, influenced by the company's financial health and external financial conditions.
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Using several ESG indicators collected on a monthly basis.