shield Other · $11M loss

PrismaFi Hack: How $11M Was Lost in a Other (2024)

On March 2024, PrismaFi was exploited in a other, resulting in approximately $11M in losses. That makes the PrismaFi exploit the 28th largest DeFi incident out of 690 documented in our archive.

Attack Mechanics: How the PrismaFi Other Played Out

Exploit Class Applied to PrismaFi

The PrismaFi incident on March 29, 2024 is classified as a Other. A specific exploit class outside the most common buckets. In the full archive, PrismaFi is 1 of 188 documented other incidents.

PrismaFi in Context

At $11M, the PrismaFi exploit is a major ($10M–$100M) event compared to the largest same-class incident in our archive — MIMSpell (2024) at $65M.

Prior Other Before PrismaFi

The nearest other incident before PrismaFi was SSS, 8 days earlier on March 21, 2024 ($4.8M lost). The same exploit class surfaced again within the other attack surface.

PrismaFi Vulnerability Signature

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

Impact & Recovery for PrismaFi

PrismaFi Loss Figure

The PrismaFi exploit caused $11,000,000 in losses — a major ($10M–$100M) incident and the 7th largest of 188 documented in 2024. This single incident represents 3% of all tracked losses that year.

Where PrismaFi Sits Among Other Attacks

Ranked by loss size, PrismaFi is the 5th largest of 188 other incidents documented. That puts the PrismaFi loss above the class average of $2.03M.

Timeline Since the PrismaFi Incident

The PrismaFi exploit occurred 2 years ago (746 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.

Primary Reference for PrismaFi

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

FAQ

How much did PrismaFi lose?

The PrismaFi exploit in March 2024 resulted in $11,000,000 in losses — the 7th largest of 188 DeFi incidents that year.

When did the PrismaFi hack happen?

The PrismaFi exploit was recorded on March 29, 2024 — 746 days ago.

What type of exploit hit PrismaFi?

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

How common is the Other pattern seen at PrismaFi?

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

How does PrismaFi compare to the largest Other attack?

The largest other incident in our archive is MIMSpell (2024) at $65M. The PrismaFi loss is $11M.

What findings does the study report regarding companies with substantial cryptocurrency holdings?

Companies with substantial cryptocurrency holdings show a stronger positive correlation with sustainable performance during financial crises.

How does the 'Lachesis' consensus algorithm contribute to Fantom's performance?

By enabling faster consensus without the energy-intensive PoW or round-based PoS schemes.