On October 2024, MorphoBlue was exploited in a other, resulting in approximately $230K in losses. That makes the MorphoBlue exploit the 155th largest DeFi incident out of 690 documented in our archive.
Attack Mechanics: How the MorphoBlue Other Played Out
Exploit Class Applied to MorphoBlue
The MorphoBlue incident on October 13, 2024 is classified as a Other. A specific exploit class outside the most common buckets. In the full archive, MorphoBlue is 1 of 188 documented other incidents.
MorphoBlue in Context
At $230K, the MorphoBlue exploit is a minor (<$1M) event compared to the largest same-class incident in our archive — MIMSpell (2024) at $65M.
Prior Other Before MorphoBlue
The nearest other incident before MorphoBlue was AIZPTToken, 8 days earlier on October 5, 2024. The same exploit class surfaced again within the other attack surface.
MorphoBlue Vulnerability Signature
The primary source categorises the MorphoBlue exploit specifically as “Overpriced Asset in Oracle”. This narrower label is entity-specific: it reflects how the MorphoBlue contract failed, rather than the broad other pattern alone.
Impact & Recovery for MorphoBlue
MorphoBlue Loss Figure
The MorphoBlue exploit caused $230,000 in losses — a minor (<$1M) incident and the 40th largest of 188 documented in 2024. This single incident represents 0.1% of all tracked losses that year.
Where MorphoBlue Sits Among Other Attacks
Ranked by loss size, MorphoBlue is the 34th largest of 188 other incidents documented. That puts the MorphoBlue loss below the class average of $2.03M.
Timeline Since the MorphoBlue Incident
The MorphoBlue exploit occurred 1.5 years ago (548 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.
Primary Reference for MorphoBlue
Public post-mortem / on-chain analysis for the MorphoBlue incident: view source.
FAQ
How much did MorphoBlue lose?
The MorphoBlue exploit in October 2024 resulted in $230,000 in losses — the 40th largest of 188 DeFi incidents that year.
When did the MorphoBlue hack happen?
The MorphoBlue exploit was recorded on October 13, 2024 — 548 days ago.
What type of exploit hit MorphoBlue?
The MorphoBlue incident is classified as a Other. A specific exploit class outside the most common buckets.
How common is the Other pattern seen at MorphoBlue?
Our archive contains 188 documented other incidents. The MorphoBlue incident is one of them.
How does MorphoBlue compare to the largest Other attack?
The largest other incident in our archive is MIMSpell (2024) at $65M. The MorphoBlue loss is $230K.
What challenge does the document highlight about cryptocurrency market efficiency?
The challenge is determining whether market efficiency varies with technology or capitalization, impacting predictability.
What are some subsystems of economic activity within the Ethereum network mentioned in the study?
Subsystems include bridges, centralized exchanges (CEX), decentralized exchanges (DEX), maximal extractable value (MEV) bots, non-fungible tokens (NFTs), and stablecoins.