On November 2022, – sDAO was exploited in a business logic flaw, resulting in approximately $13K in losses. That makes the – sDAO exploit the 368th largest DeFi incident out of 690 documented in our archive.
Attack Mechanics: How the – sDAO Business Logic Flaw Played Out
Exploit Class Applied to – sDAO
The – sDAO incident on November 21, 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, – sDAO is 1 of 144 documented business logic flaw incidents.
– sDAO in Context
At $13K, the – sDAO 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 – sDAO
The nearest business logic flaw incident before – sDAO was BDEX, 16 days earlier on November 5, 2022. The same exploit class surfaced again within the business logic flaw attack surface.
Impact & Recovery for – sDAO
– sDAO Loss Figure
The – sDAO exploit caused $13,000 in losses — a minor (<$1M) incident and the 44th largest of 129 documented in 2022.
Where – sDAO Sits Among Business Logic Flaw Attacks
Ranked by loss size, – sDAO is the 82nd largest of 144 business logic flaw incidents documented. That puts the – sDAO loss below the class average of $6.08M.
Timeline Since the – sDAO Incident
The – sDAO exploit occurred 3.4 years ago (1,240 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.
Primary Reference for – sDAO
Public post-mortem / on-chain analysis for the – sDAO incident: view source.
FAQ
How much did – sDAO lose?
The – sDAO exploit in November 2022 resulted in $13,000 in losses — the 44th largest of 129 DeFi incidents that year.
When did the – sDAO hack happen?
The – sDAO exploit was recorded on November 21, 2022 — 1,240 days ago.
What type of exploit hit – sDAO?
The – sDAO 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 – sDAO?
Our archive contains 144 documented business logic flaw incidents. The – sDAO incident is one of them.
How does – sDAO compare to the largest Business Logic Flaw attack?
The largest business logic flaw incident in our archive is – EulerFinance (2023) at $200M. The – sDAO loss is $13K.
What is the significance of the 'Lachesis' consensus algorithm in Fantom's performance?
Lachesis enables faster consensus without the energy-intensive processes typical of PoW or round-based PoS schemes.
How do cryptocurrency forks compare to corporate spin-offs?
Similar to corporate spin-offs, cryptocurrency forks can potentially create wealth by allowing assets to be more precisely valued based on specific features or community preferences.