shield Other · $20K loss

MahaLend Hack: How $20K Was Lost in a Other (2023)

On November 2023, MahaLend was exploited in a other, resulting in approximately $20K in losses. That makes the MahaLend exploit the 331st largest DeFi incident out of 690 documented in our archive.

Attack Mechanics: How the MahaLend Other Played Out

Exploit Class Applied to MahaLend

The MahaLend incident on November 11, 2023 is classified as a Other. A specific exploit class outside the most common buckets. In the full archive, MahaLend is 1 of 188 documented other incidents.

MahaLend in Context

At $20K, the MahaLend exploit is a minor (<$1M) event compared to the largest same-class incident in our archive — MIMSpell (2024) at $65M.

Prior Other Before MahaLend

The nearest other incident before MahaLend was Raft_fi, 1 day earlier on November 10, 2023 ($3.2M lost). The same exploit class surfaced again within the other attack surface.

MahaLend Vulnerability Signature

The primary source categorises the MahaLend exploit specifically as “Donate Inflation ExchangeRate & Rounding Error”. This narrower label is entity-specific: it reflects how the MahaLend contract failed, rather than the broad other pattern alone.

Impact & Recovery for MahaLend

MahaLend Loss Figure

The MahaLend exploit caused $20,000 in losses — a minor (<$1M) incident and the 126th largest of 214 documented in 2023.

Where MahaLend Sits Among Other Attacks

Ranked by loss size, MahaLend is the 80th largest of 188 other incidents documented. That puts the MahaLend loss below the class average of $2.03M.

Timeline Since the MahaLend Incident

The MahaLend exploit occurred 2.4 years ago (885 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.

Primary Reference for MahaLend

Public post-mortem / on-chain analysis for the MahaLend incident: view source.

FAQ

How much did MahaLend lose?

The MahaLend exploit in November 2023 resulted in $20,000 in losses — the 126th largest of 214 DeFi incidents that year.

When did the MahaLend hack happen?

The MahaLend exploit was recorded on November 11, 2023 — 885 days ago.

What type of exploit hit MahaLend?

The MahaLend incident is classified as a Other. A specific exploit class outside the most common buckets.

How common is the Other pattern seen at MahaLend?

Our archive contains 188 documented other incidents. The MahaLend incident is one of them.

How does MahaLend compare to the largest Other attack?

The largest other incident in our archive is MIMSpell (2024) at $65M. The MahaLend loss is $20K.

According to the study, what percentage of companies believe missing out on blockchain technology could result in a competitive disadvantage?

Half of the companies interviewed agree on the potential competitive disadvantage.

What does the privacy model of SALRS ensure?

Signer-anonymity, master-public-key-unlinkability, and derived-public-key-unlinkability.