shield Flash Loan Attack

OMPx Contract Exploit: Flash Loan Attack Incident Explained (2024)

On August 2024, OMPx Contract suffered a flash loan attack — the first of 27 documented flash loan attack incidents in our archive where the loss figure was not publicly disclosed but the exploit pattern is documented below.

Attack Mechanics: How the OMPx Contract Flash Loan Attack Played Out

Exploit Class Applied to OMPx Contract

The OMPx Contract incident on August 16, 2024 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, OMPx Contract is 1 of 27 documented flash loan attack incidents.

OMPx Contract in Context

The OMPx Contract incident joins a class whose largest loss to date is PolterFinance (2024) at $7M.

Prior Flash Loan Attack Before OMPx Contract

The nearest flash loan attack incident before OMPx Contract was Themis, 415 days earlier on June 28, 2023 ($370K lost). The same exploit class surfaced again within the flash loan attack attack surface.

OMPx Contract Vulnerability Signature

The primary source categorises the OMPx Contract exploit specifically as “FlashLoan”. This narrower label is entity-specific: it reflects how the OMPx Contract contract failed, rather than the broad flash loan attack pattern alone.

Impact & Recovery for OMPx Contract

OMPx Contract Loss Figure

The loss figure for OMPx Contract is not publicly disclosed. The primary source reports the exploit in non-USD terms, so no USD estimate is published here. For reference, the average loss across 27 flash loan attack incidents in our archive is $577.3K.

Timeline Since the OMPx Contract Incident

The OMPx Contract exploit occurred 1.7 years ago (606 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.

FAQ

How much did OMPx Contract lose?

The OMPx Contract loss figure is not publicly disclosed. The primary source reports the exploit in non-USD token terms, so no USD estimate is published here.

When did the OMPx Contract hack happen?

The OMPx Contract exploit was recorded on August 16, 2024 — 606 days ago.

What type of exploit hit OMPx Contract?

The OMPx Contract 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 OMPx Contract?

Our archive contains 27 documented flash loan attack incidents. The OMPx Contract incident is one of them.

How does OMPx Contract compare to the largest Flash Loan Attack attack?

The largest flash loan attack incident in our archive is PolterFinance (2024) at $7M. The OMPx Contract loss was not publicly disclosed.

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They facilitate real-time communication and data exchange between IIoT devices and the cloud manufacturing network, ensuring efficient and secure data handling.

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