shield Other · $2M loss

OnyxProtocol’s November 2023 unclassified exploit, explained: $2M in losses

On November 2023, OnyxProtocol was exploited in a other, resulting in approximately $2M in losses. That makes the OnyxProtocol exploit the 60th largest DeFi incident out of 690 documented in our archive.

Attack Mechanics: How the OnyxProtocol Other Played Out

Exploit Class Applied to OnyxProtocol

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

OnyxProtocol in Context

At $2M, the OnyxProtocol exploit is a significant ($1M–$10M) event compared to the largest same-class incident in our archive — MIMSpell (2024) at $65M.

Prior Other Before OnyxProtocol

The nearest other incident before OnyxProtocol was WiseLending, 19 days earlier on October 13, 2023 ($260K lost). The same exploit class surfaced again within the other attack surface.

OnyxProtocol Vulnerability Signature

The primary source categorises the OnyxProtocol exploit specifically as “Precission Loss Vulnerability”. This narrower label is entity-specific: it reflects how the OnyxProtocol contract failed, rather than the broad other pattern alone.

Impact & Recovery for OnyxProtocol

OnyxProtocol Loss Figure

The OnyxProtocol exploit caused $2,000,000 in losses — a significant ($1M–$10M) incident and the 22nd largest of 214 documented in 2023. This single incident represents 0.3% of all tracked losses that year.

Where OnyxProtocol Sits Among Other Attacks

Ranked by loss size, OnyxProtocol is the 14th largest of 188 other incidents documented. That puts the OnyxProtocol loss below the class average of $2.03M.

Timeline Since the OnyxProtocol Incident

The OnyxProtocol exploit occurred 2.5 years ago (895 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.

Primary Reference for OnyxProtocol

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

FAQ

How much did OnyxProtocol lose?

The OnyxProtocol exploit in November 2023 resulted in $2,000,000 in losses — the 22nd largest of 214 DeFi incidents that year.

When did the OnyxProtocol hack happen?

The OnyxProtocol exploit was recorded on November 1, 2023 — 895 days ago.

What type of exploit hit OnyxProtocol?

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

How common is the Other pattern seen at OnyxProtocol?

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

How does OnyxProtocol compare to the largest Other attack?

The largest other incident in our archive is MIMSpell (2024) at $65M. The OnyxProtocol loss is $2M.

What was the overall average gain achieved by the trading algorithm without considering transaction fees?

The trading algorithm achieved an overall average gain of 194% without transaction fees.

What conclusion does the study draw about the future of data science in economics?

The study anticipates a trend towards sophisticated hybrid deep learning models in economic applications.