On July 2023, RodeoFinance was exploited in a oracle manipulation, resulting in approximately $888K in losses. That makes the RodeoFinance exploit the 95th largest DeFi incident out of 690 documented in our archive.
Attack Mechanics: How the RodeoFinance Oracle Manipulation Played Out
Exploit Class Applied to RodeoFinance
The RodeoFinance incident on July 11, 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, RodeoFinance is 1 of 19 documented oracle manipulation incidents.
RodeoFinance in Context
At $888K, the RodeoFinance exploit is a minor (<$1M) event compared to the largest same-class incident in our archive — – BonqDAO (2023) at $88M.
Prior Oracle Manipulation Before RodeoFinance
The nearest oracle manipulation incident before RodeoFinance was – BonqDAO, 159 days earlier on February 2, 2023 ($88M lost). The same exploit class surfaced again within the oracle manipulation attack surface.
RodeoFinance Vulnerability Signature
The primary source categorises the RodeoFinance exploit specifically as “TWAP Oracle Manipulation”. This narrower label is entity-specific: it reflects how the RodeoFinance contract failed, rather than the broad oracle manipulation pattern alone.
Impact & Recovery for RodeoFinance
RodeoFinance Loss Figure
The RodeoFinance exploit caused $888,000 in losses — a minor (<$1M) incident and the 36th largest of 214 documented in 2023. This single incident represents 0.1% of all tracked losses that year.
Where RodeoFinance Sits Among Oracle Manipulation Attacks
Ranked by loss size, RodeoFinance is the 5th largest of 19 oracle manipulation incidents documented. That puts the RodeoFinance loss below the class average of $9.69M.
Timeline Since the RodeoFinance Incident
The RodeoFinance exploit occurred 2.8 years ago (1,008 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.
Primary Reference for RodeoFinance
Public post-mortem / on-chain analysis for the RodeoFinance incident: view source.
FAQ
How much did RodeoFinance lose?
The RodeoFinance exploit in July 2023 resulted in $888,000 in losses — the 36th largest of 214 DeFi incidents that year.
When did the RodeoFinance hack happen?
The RodeoFinance exploit was recorded on July 11, 2023 — 1,008 days ago.
What type of exploit hit RodeoFinance?
The RodeoFinance 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 RodeoFinance?
Our archive contains 19 documented oracle manipulation incidents. The RodeoFinance incident is one of them.
How does RodeoFinance compare to the largest Oracle Manipulation attack?
The largest oracle manipulation incident in our archive is – BonqDAO (2023) at $88M. The RodeoFinance loss is $888K.
How is CSR engagement measured in this study?
Using firm-level CSR disclosure data from the CSMAR database.
Why are ensemble machine learning algorithms significant in the study?
Ensemble algorithms enhance learning processes and predictive accuracy in diverse economic applications.