On October 2023, OpenLeverage was exploited in a business logic flaw on BNB Chain, resulting in approximately $8K in losses. That makes the OpenLeverage exploit the 395th largest DeFi incident out of 690 documented in our archive.
Attack Mechanics: How the OpenLeverage Business Logic Flaw Played Out
Exploit Class Applied to OpenLeverage
The OpenLeverage incident on October 22, 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, OpenLeverage is 1 of 144 documented business logic flaw incidents.
OpenLeverage in Context
At $8K, the OpenLeverage 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 OpenLeverage
The nearest business logic flaw incident before OpenLeverage was Platypus, 10 days earlier on October 12, 2023 ($2M lost). The same exploit class surfaced again within the business logic flaw attack surface.
Target Chain: BNB Chain
The vulnerable OpenLeverage contract was deployed on BNB Chain — one of 23 documented incidents on BNB Chain. This determines the block cadence, mempool, and forensic tooling available to investigators.
Impact & Recovery for OpenLeverage
OpenLeverage Loss Figure
The OpenLeverage exploit caused $8,000 in losses — a minor (<$1M) incident and the 141st largest of 214 documented in 2023.
Where OpenLeverage Sits Among Business Logic Flaw Attacks
Ranked by loss size, OpenLeverage is the 88th largest of 144 business logic flaw incidents documented. That puts the OpenLeverage loss below the class average of $6.08M.
Timeline Since the OpenLeverage Incident
The OpenLeverage exploit occurred 2.5 years ago (905 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.
Primary Reference for OpenLeverage
Public post-mortem / on-chain analysis for the OpenLeverage incident: view source.
FAQ
How much did OpenLeverage lose?
The OpenLeverage exploit in October 2023 resulted in $8,000 in losses — the 141st largest of 214 DeFi incidents that year.
When did the OpenLeverage hack happen?
The OpenLeverage exploit was recorded on October 22, 2023 — 905 days ago.
What type of exploit hit OpenLeverage?
The OpenLeverage 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.
Which blockchain was OpenLeverage deployed on?
The OpenLeverage contract was deployed on BNB Chain, one of 23 documented incidents on that chain.
How does OpenLeverage compare to the largest Business Logic Flaw attack?
The largest business logic flaw incident in our archive is – EulerFinance (2023) at $200M. The OpenLeverage loss is $8K.
What kind of data is used to measure ESG performance?
ESG performance is measured using a score variable from Thomson Reuters Eikon.
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