shield Business Logic Flaw

AstridProtocol Exploit: Business Logic Flaw Incident Explained (2023)

On October 2023, AstridProtocol suffered a business logic flaw — the first of 144 documented business logic flaw incidents in our archive where the loss figure was not publicly disclosed but the exploit pattern is documented below.

Attack Mechanics: How the AstridProtocol Business Logic Flaw Played Out

Exploit Class Applied to AstridProtocol

The AstridProtocol incident on October 28, 2023 is classified as a Business Logic Flaw. A business-logic bug in the contract — such as an incorrect formula or missing state update — lets the attacker withdraw more than their share. In the full archive, AstridProtocol is 1 of 144 documented business logic flaw incidents.

AstridProtocol in Context

The AstridProtocol incident joins a class whose largest loss to date is – EulerFinance (2023) at $200M.

Prior Business Logic Flaw Before AstridProtocol

The nearest business logic flaw incident before AstridProtocol was OpenLeverage, 6 days earlier on October 22, 2023 ($8K lost). The same exploit class surfaced again within the business logic flaw attack surface.

Impact & Recovery for AstridProtocol

AstridProtocol Loss Figure

The loss figure for AstridProtocol 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 144 business logic flaw incidents in our archive is $6.08M.

Timeline Since the AstridProtocol Incident

The AstridProtocol exploit occurred 2.5 years ago (899 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.

Primary Reference for AstridProtocol

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

FAQ

How much did AstridProtocol lose?

The AstridProtocol 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 AstridProtocol hack happen?

The AstridProtocol exploit was recorded on October 28, 2023 — 899 days ago.

What type of exploit hit AstridProtocol?

The AstridProtocol incident is classified as a Business Logic Flaw. A business-logic bug in the contract — such as an incorrect formula or missing state update — lets the attacker withdraw more than their share.

How common is the Business Logic Flaw pattern seen at AstridProtocol?

Our archive contains 144 documented business logic flaw incidents. The AstridProtocol incident is one of them.

How does AstridProtocol compare to the largest Business Logic Flaw attack?

The largest business logic flaw incident in our archive is – EulerFinance (2023) at $200M. The AstridProtocol loss was not publicly disclosed.

What data sources are used for the study?

Stock data from NYSE, NASDAQ, and NSE.

Are cryptocurrency forks always wealth creating?

Planned forks, similar to voluntary corporate spin-offs, can be wealth-creating, whereas involuntary forks, such as those due to hacks, are not necessarily wealth-creating.