On October 2022, Transit Swap was exploited in a other, resulting in approximately $21 in losses. That makes the Transit Swap exploit the 458th largest DeFi incident out of 690 documented in our archive.
Attack Mechanics: How the Transit Swap Other Played Out
Exploit Class Applied to Transit Swap
The Transit Swap incident on October 2, 2022 is classified as a Other. A specific exploit class outside the most common buckets. In the full archive, Transit Swap is 1 of 188 documented other incidents.
Transit Swap in Context
At $21, the Transit Swap exploit is a minor (<$1M) event compared to the largest same-class incident in our archive — MIMSpell (2024) at $65M.
Prior Other Before Transit Swap
The nearest other incident before Transit Swap was RL Token, 1 day earlier on October 1, 2022. The same exploit class surfaced again within the other attack surface.
Transit Swap Vulnerability Signature
The primary source categorises the Transit Swap exploit specifically as “Incorrect owner address validation”. This narrower label is entity-specific: it reflects how the Transit Swap contract failed, rather than the broad other pattern alone.
Impact & Recovery for Transit Swap
Transit Swap Loss Figure
The Transit Swap exploit caused $21 in losses — a minor (<$1M) incident and the 59th largest of 129 documented in 2022.
Where Transit Swap Sits Among Other Attacks
Ranked by loss size, Transit Swap is the 107th largest of 188 other incidents documented. That puts the Transit Swap loss below the class average of $2.03M.
Timeline Since the Transit Swap Incident
The Transit Swap exploit occurred 3.5 years ago (1,290 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.
Primary Reference for Transit Swap
Public post-mortem / on-chain analysis for the Transit Swap incident: view source.
FAQ
How much did Transit Swap lose?
The Transit Swap exploit in October 2022 resulted in $21 in losses — the 59th largest of 129 DeFi incidents that year.
When did the Transit Swap hack happen?
The Transit Swap exploit was recorded on October 2, 2022 — 1,290 days ago.
What type of exploit hit Transit Swap?
The Transit Swap incident is classified as a Other. A specific exploit class outside the most common buckets.
How common is the Other pattern seen at Transit Swap?
Our archive contains 188 documented other incidents. The Transit Swap incident is one of them.
How does Transit Swap compare to the largest Other attack?
The largest other incident in our archive is MIMSpell (2024) at $65M. The Transit Swap loss is $21.
What was observed about the return distributions of the analyzed cryptocurrencies?
The return distributions are characterized by heavy tails, indicating a higher probability of extreme outcomes compared to normal distribution.
What is the contribution of the study to the literature?
Providing insights into the direct relationship between ESG factors and stock returns on a monthly basis.