shield Other · $468K loss

The April 16, 2023 Swapos V2 unclassified exploit: where $468K went

On April 2023, Swapos V2 was exploited in a other, resulting in approximately $468K in losses. That makes the Swapos V2 exploit the 121st largest DeFi incident out of 690 documented in our archive.

Attack Mechanics: How the Swapos V2 Other Played Out

Exploit Class Applied to Swapos V2

The Swapos V2 incident on April 16, 2023 is classified as a Other. A specific exploit class outside the most common buckets. In the full archive, Swapos V2 is 1 of 188 documented other incidents.

Swapos V2 in Context

At $468K, the Swapos V2 exploit is a minor (<$1M) event compared to the largest same-class incident in our archive — MIMSpell (2024) at $65M.

Prior Other Before Swapos V2

The nearest other incident before Swapos V2 was HundredFinance, 1 day earlier on April 15, 2023 ($7M lost). The same exploit class surfaced again within the other attack surface.

Swapos V2 Vulnerability Signature

The primary source categorises the Swapos V2 exploit specifically as “error k value Attack”. This narrower label is entity-specific: it reflects how the Swapos V2 contract failed, rather than the broad other pattern alone.

Impact & Recovery for Swapos V2

Swapos V2 Loss Figure

The Swapos V2 exploit caused $468,000 in losses — a minor (<$1M) incident and the 48th largest of 214 documented in 2023. This single incident represents 0.1% of all tracked losses that year.

Where Swapos V2 Sits Among Other Attacks

Ranked by loss size, Swapos V2 is the 25th largest of 188 other incidents documented. That puts the Swapos V2 loss below the class average of $2.03M.

Timeline Since the Swapos V2 Incident

The Swapos V2 exploit occurred 3 years ago (1,094 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.

Primary Reference for Swapos V2

Public post-mortem / on-chain analysis for the Swapos V2 incident: view source.

FAQ

How much did Swapos V2 lose?

The Swapos V2 exploit in April 2023 resulted in $468,000 in losses — the 48th largest of 214 DeFi incidents that year.

When did the Swapos V2 hack happen?

The Swapos V2 exploit was recorded on April 16, 2023 — 1,094 days ago.

What type of exploit hit Swapos V2?

The Swapos V2 incident is classified as a Other. A specific exploit class outside the most common buckets.

How common is the Other pattern seen at Swapos V2?

Our archive contains 188 documented other incidents. The Swapos V2 incident is one of them.

How does Swapos V2 compare to the largest Other attack?

The largest other incident in our archive is MIMSpell (2024) at $65M. The Swapos V2 loss is $468K.

How does the study assess model performance?

Model performance was assessed using various metrics including AIC, BIC, MSE, and QLIKE, supplemented by comprehensive residual diagnostics.

Which category of cryptocurrencies yielded considerably higher profits according to the study?

Influential Meme (IM) coins.