On April 2022, ElephantMoney suffered a oracle manipulation — the first of 19 documented oracle manipulation incidents in our archive where the loss figure was not publicly disclosed but the exploit pattern is documented below.
Attack Mechanics: How the ElephantMoney Oracle Manipulation Played Out
Exploit Class Applied to ElephantMoney
The ElephantMoney incident on April 12, 2022 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, ElephantMoney is 1 of 19 documented oracle manipulation incidents.
ElephantMoney in Context
The ElephantMoney incident joins a class whose largest loss to date is – BonqDAO (2023) at $88M.
Prior Oracle Manipulation Before ElephantMoney
The nearest oracle manipulation incident before ElephantMoney was OneRing Finance, 22 days earlier on March 21, 2022 ($1 lost). The same exploit class surfaced again within the oracle manipulation attack surface.
ElephantMoney Vulnerability Signature
The primary source categorises the ElephantMoney exploit specifically as “Flashloan & Price Oracle Manipulation”. This narrower label is entity-specific: it reflects how the ElephantMoney contract failed, rather than the broad oracle manipulation pattern alone.
Impact & Recovery for ElephantMoney
ElephantMoney Loss Figure
The loss figure for ElephantMoney 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 19 oracle manipulation incidents in our archive is $9.69M.
Timeline Since the ElephantMoney Incident
The ElephantMoney exploit occurred 4 years ago (1,463 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.
Primary Reference for ElephantMoney
Public post-mortem / on-chain analysis for the ElephantMoney incident: view source.
FAQ
How much did ElephantMoney lose?
The ElephantMoney 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 ElephantMoney hack happen?
The ElephantMoney exploit was recorded on April 12, 2022 — 1,463 days ago.
What type of exploit hit ElephantMoney?
The ElephantMoney 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 ElephantMoney?
Our archive contains 19 documented oracle manipulation incidents. The ElephantMoney incident is one of them.
How does ElephantMoney compare to the largest Oracle Manipulation attack?
The largest oracle manipulation incident in our archive is – BonqDAO (2023) at $88M. The ElephantMoney loss was not publicly disclosed.
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