On February 2023, – BonqDAO was exploited in a oracle manipulation, resulting in approximately $88M in losses. That makes the – BonqDAO exploit the 9th largest DeFi incident out of 690 documented in our archive.
Attack Mechanics: How the – BonqDAO Oracle Manipulation Played Out
Exploit Class Applied to – BonqDAO
The – BonqDAO incident on February 2, 2023 is classified as a Oracle Manipulation. The attacker skews the price feed the protocol trusts — often via a thin DEX pool — forcing the contract to misprice collateral. In the full archive, – BonqDAO is 1 of 19 documented oracle manipulation incidents.
– BonqDAO in Context
The $88M loss at – BonqDAO is the largest oracle manipulation incident in our archive, ahead of Makina (2026, $5.1M).
Prior Oracle Manipulation Before – BonqDAO
The nearest oracle manipulation incident before – BonqDAO was MEVBOTa47b, 111 days earlier on October 14, 2022. The same exploit class surfaced again within the oracle manipulation attack surface.
– BonqDAO Vulnerability Signature
The primary source categorises the – BonqDAO exploit specifically as “Price Oracle Manipulation”. This narrower label is entity-specific: it reflects how the – BonqDAO contract failed, rather than the broad oracle manipulation pattern alone.
Impact & Recovery for – BonqDAO
– BonqDAO Loss Figure
The – BonqDAO exploit caused $88,000,000 in losses — a major ($10M–$100M) incident and the 3rd largest of 214 documented in 2023. This single incident represents 13.7% of all tracked losses that year.
Where – BonqDAO Sits Among Oracle Manipulation Attacks
Ranked by loss size, – BonqDAO is the 1st largest of 19 oracle manipulation incidents documented. That puts the – BonqDAO loss above the class average of $9.69M.
Timeline Since the – BonqDAO Incident
The – BonqDAO exploit occurred 3.2 years ago (1,167 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.
Primary Reference for – BonqDAO
Public post-mortem / on-chain analysis for the – BonqDAO incident: view source.
FAQ
How much did – BonqDAO lose?
The – BonqDAO exploit in February 2023 resulted in $88,000,000 in losses — the 3rd largest of 214 DeFi incidents that year.
When did the – BonqDAO hack happen?
The – BonqDAO exploit was recorded on February 2, 2023 — 1,167 days ago.
What type of exploit hit – BonqDAO?
The – BonqDAO incident is classified as a Oracle Manipulation. The attacker skews the price feed the protocol trusts — often via a thin DEX pool — forcing the contract to misprice collateral.
How common is the Oracle Manipulation pattern seen at – BonqDAO?
Our archive contains 19 documented oracle manipulation incidents. The – BonqDAO incident is one of them.
How does – BonqDAO compare to the largest Oracle Manipulation attack?
The largest oracle manipulation incident in our archive is Makina (2026) at $5.1M. The – BonqDAO loss is $88M.
Which cryptocurrencies were analyzed in the study?
Bitcoin, Ripple, Litecoin, Monero, Dash, MaidSafeCoin, and Dogecoin were analyzed.
What is one of the innovative security protocols boosting blockchain's viability in finance?
Self-executing security protocols like 'Proof of Work', 'Proof of Stake', and 'Smart Contracts'.