On November 2024, ChiSale was exploited in a business logic flaw, resulting in approximately $16.3K in losses. That makes the ChiSale exploit the 349th largest DeFi incident out of 690 documented in our archive.
Attack Mechanics: How the ChiSale Business Logic Flaw Played Out
Exploit Class Applied to ChiSale
The ChiSale incident on November 7, 2024 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, ChiSale is 1 of 144 documented business logic flaw incidents.
ChiSale in Context
At $16.3K, the ChiSale exploit is a minor (<$1M) event compared to the largest same-class incident in our archive — – EulerFinance (2023) at $200M.
Prior Business Logic Flaw Before ChiSale
The nearest business logic flaw incident before ChiSale was RPP, 2 days earlier on November 5, 2024 ($14.1K lost). The same exploit class surfaced again within the business logic flaw attack surface.
ChiSale Vulnerability Signature
The primary source categorises the ChiSale exploit specifically as “Logic Flaw”. This narrower label is entity-specific: it reflects how the ChiSale contract failed, rather than the broad business logic flaw pattern alone.
Impact & Recovery for ChiSale
ChiSale Loss Figure
The ChiSale exploit caused $16,300 in losses — a minor (<$1M) incident and the 98th largest of 188 documented in 2024.
Where ChiSale Sits Among Business Logic Flaw Attacks
Ranked by loss size, ChiSale is the 73rd largest of 144 business logic flaw incidents documented. That puts the ChiSale loss below the class average of $6.08M.
Timeline Since the ChiSale Incident
The ChiSale exploit occurred 1.4 years ago (523 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.
Primary Reference for ChiSale
Public post-mortem / on-chain analysis for the ChiSale incident: view source.
FAQ
How much did ChiSale lose?
The ChiSale exploit in November 2024 resulted in $16,300 in losses — the 98th largest of 188 DeFi incidents that year.
When did the ChiSale hack happen?
The ChiSale exploit was recorded on November 7, 2024 — 523 days ago.
What type of exploit hit ChiSale?
The ChiSale 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 ChiSale?
Our archive contains 144 documented business logic flaw incidents. The ChiSale incident is one of them.
How does ChiSale compare to the largest Business Logic Flaw attack?
The largest business logic flaw incident in our archive is – EulerFinance (2023) at $200M. The ChiSale loss is $16.3K.
Which category of cryptocurrencies yielded considerably higher profits according to the study?
Influential Meme (IM) coins.
What are the future research directions mentioned in the document for enhancing IoT data authentication?
Exploring more efficient proving systems and further reducing on-chain storage costs.