On December 2023, FloorProtocol was exploited in a business logic flaw, resulting in approximately $16M in losses. That makes the FloorProtocol exploit the 23rd largest DeFi incident out of 690 documented in our archive.
Attack Mechanics: How the FloorProtocol Business Logic Flaw Played Out
Exploit Class Applied to FloorProtocol
The FloorProtocol incident on December 17, 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, FloorProtocol is 1 of 144 documented business logic flaw incidents.
FloorProtocol in Context
At $16M, the FloorProtocol exploit is a major ($10M–$100M) event compared to the largest same-class incident in our archive — – EulerFinance (2023) at $200M.
Prior Business Logic Flaw Before FloorProtocol
The nearest business logic flaw incident before FloorProtocol was KEST, 1 day earlier on December 16, 2023 ($2.3K lost). The same exploit class surfaced again within the business logic flaw attack surface.
Impact & Recovery for FloorProtocol
FloorProtocol Loss Figure
The FloorProtocol exploit caused $16,000,000 in losses — a major ($10M–$100M) incident and the 6th largest of 214 documented in 2023. This single incident represents 2.5% of all tracked losses that year.
Where FloorProtocol Sits Among Business Logic Flaw Attacks
Ranked by loss size, FloorProtocol is the 7th largest of 144 business logic flaw incidents documented. That puts the FloorProtocol loss above the class average of $6.08M.
Timeline Since the FloorProtocol Incident
The FloorProtocol exploit occurred 2.3 years ago (849 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.
Primary Reference for FloorProtocol
Public post-mortem / on-chain analysis for the FloorProtocol incident: view source.
FAQ
How much did FloorProtocol lose?
The FloorProtocol exploit in December 2023 resulted in $16,000,000 in losses — the 6th largest of 214 DeFi incidents that year.
When did the FloorProtocol hack happen?
The FloorProtocol exploit was recorded on December 17, 2023 — 849 days ago.
What type of exploit hit FloorProtocol?
The FloorProtocol 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 FloorProtocol?
Our archive contains 144 documented business logic flaw incidents. The FloorProtocol incident is one of them.
How does FloorProtocol compare to the largest Business Logic Flaw attack?
The largest business logic flaw incident in our archive is – EulerFinance (2023) at $200M. The FloorProtocol loss is $16M.
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