On March 2023, – EulerFinance was exploited in a business logic flaw, resulting in approximately $200M in losses. That makes the – EulerFinance exploit the 2nd largest DeFi incident out of 690 documented in our archive.
Attack Mechanics: How the – EulerFinance Business Logic Flaw Played Out
Exploit Class Applied to – EulerFinance
The – EulerFinance incident on March 13, 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, – EulerFinance is 1 of 144 documented business logic flaw incidents.
– EulerFinance in Context
The $200M loss at – EulerFinance is the largest business logic flaw incident in our archive, ahead of Nomad Bridge (2022, $152M).
Prior Business Logic Flaw Before – EulerFinance
The nearest business logic flaw incident before – EulerFinance was – DYNA, 19 days earlier on February 22, 2023 ($21K lost). The same exploit class surfaced again within the business logic flaw attack surface.
Impact & Recovery for – EulerFinance
– EulerFinance Loss Figure
The – EulerFinance exploit caused $200,000,000 in losses — a mega ($100M+) incident and the 1st largest of 214 documented in 2023. This single incident represents 31.2% of all tracked losses that year.
Where – EulerFinance Sits Among Business Logic Flaw Attacks
Ranked by loss size, – EulerFinance is the 1st largest of 144 business logic flaw incidents documented. That puts the – EulerFinance loss above the class average of $6.08M.
Timeline Since the – EulerFinance Incident
The – EulerFinance exploit occurred 3.1 years ago (1,128 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.
Primary Reference for – EulerFinance
Public post-mortem / on-chain analysis for the – EulerFinance incident: view source.
FAQ
How much did – EulerFinance lose?
The – EulerFinance exploit in March 2023 resulted in $200,000,000 in losses — the 1st largest of 214 DeFi incidents that year.
When did the – EulerFinance hack happen?
The – EulerFinance exploit was recorded on March 13, 2023 — 1,128 days ago.
What type of exploit hit – EulerFinance?
The – EulerFinance 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 – EulerFinance?
Our archive contains 144 documented business logic flaw incidents. The – EulerFinance incident is one of them.
How does – EulerFinance compare to the largest Business Logic Flaw attack?
The largest business logic flaw incident in our archive is Nomad Bridge (2022) at $152M. The – EulerFinance loss is $200M.
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