shield Business Logic Flaw · $3.1K loss

$3.1K Business Logic Flaw at EtnProduct, August 2022 breakdown

On August 2022, EtnProduct was exploited in a business logic flaw, resulting in approximately $3.1K in losses. That makes the EtnProduct exploit the 423rd largest DeFi incident out of 690 documented in our archive.

Attack Mechanics: How the EtnProduct Business Logic Flaw Played Out

Exploit Class Applied to EtnProduct

The EtnProduct incident on August 4, 2022 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, EtnProduct is 1 of 144 documented business logic flaw incidents.

EtnProduct in Context

At $3.1K, the EtnProduct 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 EtnProduct

The nearest business logic flaw incident before EtnProduct was Nomad Bridge, 2 days earlier on August 2, 2022 ($152M lost). The same exploit class surfaced again within the business logic flaw attack surface.

Impact & Recovery for EtnProduct

EtnProduct Loss Figure

The EtnProduct exploit caused $3,074 in losses — a minor (<$1M) incident and the 48th largest of 129 documented in 2022.

Where EtnProduct Sits Among Business Logic Flaw Attacks

Ranked by loss size, EtnProduct is the 94th largest of 144 business logic flaw incidents documented. That puts the EtnProduct loss below the class average of $6.08M.

Timeline Since the EtnProduct Incident

The EtnProduct exploit occurred 3.7 years ago (1,349 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.

Primary Reference for EtnProduct

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

FAQ

How much did EtnProduct lose?

The EtnProduct exploit in August 2022 resulted in $3,074 in losses — the 48th largest of 129 DeFi incidents that year.

When did the EtnProduct hack happen?

The EtnProduct exploit was recorded on August 4, 2022 — 1,349 days ago.

What type of exploit hit EtnProduct?

The EtnProduct 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 EtnProduct?

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

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

The largest business logic flaw incident in our archive is – EulerFinance (2023) at $200M. The EtnProduct loss is $3.1K.

What role does blockchain technology play in smart buildings?

Improving data security and enabling reliable, decentralized transactions.

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Threshold adaptor signatures enhance security by requiring a subset of key holders to participate, mitigating the risk of a single point of failure.