On June 2022, InverseFinance 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 InverseFinance Oracle Manipulation Played Out
Exploit Class Applied to InverseFinance
The InverseFinance incident on June 16, 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, InverseFinance is 1 of 19 documented oracle manipulation incidents.
InverseFinance in Context
The InverseFinance incident joins a class whose largest loss to date is – BonqDAO (2023) at $88M.
Prior Oracle Manipulation Before InverseFinance
The nearest oracle manipulation incident before InverseFinance was Discover, 10 days earlier on June 6, 2022. The same exploit class surfaced again within the oracle manipulation attack surface.
InverseFinance Vulnerability Signature
The primary source categorises the InverseFinance exploit specifically as “Flashloan & Price Oracle Manipulation”. This narrower label is entity-specific: it reflects how the InverseFinance contract failed, rather than the broad oracle manipulation pattern alone.
Impact & Recovery for InverseFinance
InverseFinance Loss Figure
The loss figure for InverseFinance 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 InverseFinance Incident
The InverseFinance exploit occurred 3.8 years ago (1,398 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.
Primary Reference for InverseFinance
Public post-mortem / on-chain analysis for the InverseFinance incident: view source.
FAQ
How much did InverseFinance lose?
The InverseFinance 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 InverseFinance hack happen?
The InverseFinance exploit was recorded on June 16, 2022 — 1,398 days ago.
What type of exploit hit InverseFinance?
The InverseFinance 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 InverseFinance?
Our archive contains 19 documented oracle manipulation incidents. The InverseFinance incident is one of them.
How does InverseFinance compare to the largest Oracle Manipulation attack?
The largest oracle manipulation incident in our archive is – BonqDAO (2023) at $88M. The InverseFinance loss was not publicly disclosed.
What challenges are identified for integrating blockchain into gaming?
Challenges include scalability, ensuring seamless integration with game narratives, and user familiarity with blockchain concepts.
What was the immediate effect on Moscow's MOEX index following the invasion?
It dropped almost 9% in the week following the invasion.