On April 2022, Saddle Finance was exploited in a other, resulting in approximately $10 in losses. That makes the Saddle Finance exploit the 463rd largest DeFi incident out of 690 documented in our archive.
Attack Mechanics: How the Saddle Finance Other Played Out
Exploit Class Applied to Saddle Finance
The Saddle Finance incident on April 30, 2022 is classified as a Other. A specific exploit class outside the most common buckets. In the full archive, Saddle Finance is 1 of 188 documented other incidents.
Saddle Finance in Context
At $10, the Saddle Finance exploit is a minor (<$1M) event compared to the largest same-class incident in our archive — MIMSpell (2024) at $65M.
Prior Other Before Saddle Finance
The nearest other incident before Saddle Finance was Akutar NFT, 7 days earlier on April 23, 2022 ($34M lost). The same exploit class surfaced again within the other attack surface.
Saddle Finance Vulnerability Signature
The primary source categorises the Saddle Finance exploit specifically as “Swap Metapool Attack”. This narrower label is entity-specific: it reflects how the Saddle Finance contract failed, rather than the broad other pattern alone.
Impact & Recovery for Saddle Finance
Saddle Finance Loss Figure
The Saddle Finance exploit caused $10 in losses — a minor (<$1M) incident and the 62nd largest of 129 documented in 2022.
Where Saddle Finance Sits Among Other Attacks
Ranked by loss size, Saddle Finance is the 109th largest of 188 other incidents documented. That puts the Saddle Finance loss below the class average of $2.03M.
Timeline Since the Saddle Finance Incident
The Saddle Finance exploit occurred 4 years ago (1,445 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.
Primary Reference for Saddle Finance
Public post-mortem / on-chain analysis for the Saddle Finance incident: view source.
FAQ
How much did Saddle Finance lose?
The Saddle Finance exploit in April 2022 resulted in $10 in losses — the 62nd largest of 129 DeFi incidents that year.
When did the Saddle Finance hack happen?
The Saddle Finance exploit was recorded on April 30, 2022 — 1,445 days ago.
What type of exploit hit Saddle Finance?
The Saddle Finance incident is classified as a Other. A specific exploit class outside the most common buckets.
How common is the Other pattern seen at Saddle Finance?
Our archive contains 188 documented other incidents. The Saddle Finance incident is one of them.
How does Saddle Finance compare to the largest Other attack?
The largest other incident in our archive is MIMSpell (2024) at $65M. The Saddle Finance loss is $10.
Why is it challenging to apply traditional financial models directly to cryptocurrencies?
Cryptocurrencies' unique market dynamics, including their volatility and the statistical properties of returns, make traditional models less applicable.
What challenges in implementing Blockchain technology in tourism does the study highlight?
The need for careful planning and overcoming potential technological and regulatory hurdles.