shield Inflation Attack · $4K loss

November 2023: MetaLend hit by an inflation attack, losing $4K

On November 2023, MetaLend was exploited in a inflation attack, resulting in approximately $4K in losses. That makes the MetaLend exploit the 416th largest DeFi incident out of 690 documented in our archive.

Attack Mechanics: How the MetaLend Inflation Attack Played Out

Exploit Class Applied to MetaLend

The MetaLend incident on November 25, 2023 is classified as a Inflation Attack. An attacker inflates share-to-asset ratios in a vault, typically by donating assets directly to the vault to dilute later depositors. In the full archive, MetaLend is 1 of 4 documented inflation attack incidents.

MetaLend in Context

At $4K, the MetaLend exploit is a minor (<$1M) event compared to the largest same-class incident in our archive — ChannelsFinance (2023) at $320K.

Prior Inflation Attack Before MetaLend

The nearest inflation attack incident before MetaLend was kTAF, 37 days earlier on October 19, 2023 ($8K lost). The same exploit class surfaced again within the inflation attack attack surface.

MetaLend Vulnerability Signature

The primary source categorises the MetaLend exploit specifically as “CompoundV2 Inflation Attack”. This narrower label is entity-specific: it reflects how the MetaLend contract failed, rather than the broad inflation attack pattern alone.

Impact & Recovery for MetaLend

MetaLend Loss Figure

The MetaLend exploit caused $4,000 in losses — a minor (<$1M) incident and the 149th largest of 214 documented in 2023.

Where MetaLend Sits Among Inflation Attack Attacks

Ranked by loss size, MetaLend is the 4th largest of 4 inflation attack incidents documented. That puts the MetaLend loss below the class average of $135K.

Timeline Since the MetaLend Incident

The MetaLend exploit occurred 2.4 years ago (871 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.

Primary Reference for MetaLend

Public post-mortem / on-chain analysis for the MetaLend incident: view source.

FAQ

How much did MetaLend lose?

The MetaLend exploit in November 2023 resulted in $4,000 in losses — the 149th largest of 214 DeFi incidents that year.

When did the MetaLend hack happen?

The MetaLend exploit was recorded on November 25, 2023 — 871 days ago.

What type of exploit hit MetaLend?

The MetaLend incident is classified as a Inflation Attack. An attacker inflates share-to-asset ratios in a vault, typically by donating assets directly to the vault to dilute later depositors.

How common is the Inflation Attack pattern seen at MetaLend?

Our archive contains 4 documented inflation attack incidents. The MetaLend incident is one of them.

How does MetaLend compare to the largest Inflation Attack attack?

The largest inflation attack incident in our archive is ChannelsFinance (2023) at $320K. The MetaLend loss is $4K.

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