On April 2024, OpenLeverage was exploited in a business logic flaw, resulting in approximately $234K in losses. That makes the OpenLeverage exploit the 154th 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 April 1, 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, OpenLeverage is 1 of 144 documented business logic flaw incidents.
OpenLeverage in Context
At $234K, 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 LavaLending, 4 days earlier on March 28, 2024 ($340K lost). The same exploit class surfaced again within the business logic flaw attack surface.
Impact & Recovery for OpenLeverage
OpenLeverage Loss Figure
The OpenLeverage exploit caused $234,000 in losses — a minor (<$1M) incident and the 39th largest of 188 documented in 2024. This single incident represents 0.1% of all tracked losses that year.
Where OpenLeverage Sits Among Business Logic Flaw Attacks
Ranked by loss size, OpenLeverage is the 27th 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 years ago (743 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.
FAQ
How much did OpenLeverage lose?
The OpenLeverage exploit in April 2024 resulted in $234,000 in losses — the 39th largest of 188 DeFi incidents that year.
When did the OpenLeverage hack happen?
The OpenLeverage exploit was recorded on April 1, 2024 — 743 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.
How common is the Business Logic Flaw pattern seen at OpenLeverage?
Our archive contains 144 documented business logic flaw incidents. The OpenLeverage incident is one of them.
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 $234K.
What is the primary objective of the study?
To examine the impact of COVID-19 on stock market returns and volatility in the top 10 GDP countries.
How does the proposed defense method manipulate the output?
By adjusting the output confidence scores to mislead attackers.