On April 2023, Silo finance suffered a business logic flaw — the first of 144 documented business logic flaw incidents in our archive where the loss figure was not publicly disclosed but the exploit pattern is documented below.
Attack Mechanics: How the Silo finance Business Logic Flaw Played Out
Exploit Class Applied to Silo finance
The Silo finance incident on April 27, 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, Silo finance is 1 of 144 documented business logic flaw incidents.
Silo finance in Context
The Silo finance incident joins a class whose largest loss to date is – EulerFinance (2023) at $200M.
Prior Business Logic Flaw Before Silo finance
The nearest business logic flaw incident before Silo finance was Axioma, 3 days earlier on April 24, 2023. The same exploit class surfaced again within the business logic flaw attack surface.
Impact & Recovery for Silo finance
Silo finance Loss Figure
The loss figure for Silo finance is not publicly disclosed. The primary source reports the exploit in non-USD terms, so no USD estimate is published here. For reference, the average loss across 144 business logic flaw incidents in our archive is $6.08M.
Timeline Since the Silo finance Incident
The Silo finance exploit occurred 3 years ago (1,083 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.
Primary Reference for Silo finance
Public post-mortem / on-chain analysis for the Silo finance incident: view source.
FAQ
How much did Silo finance lose?
The Silo finance loss figure is not publicly disclosed. The primary source reports the exploit in non-USD token terms, so no USD estimate is published here.
When did the Silo finance hack happen?
The Silo finance exploit was recorded on April 27, 2023 — 1,083 days ago.
What type of exploit hit Silo finance?
The Silo finance 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 Silo finance?
Our archive contains 144 documented business logic flaw incidents. The Silo finance incident is one of them.
How does Silo finance compare to the largest Business Logic Flaw attack?
The largest business logic flaw incident in our archive is – EulerFinance (2023) at $200M. The Silo finance loss was not publicly disclosed.
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