shield Other

Xave Finance Unclassified Exploit, October 2022 — attack surface walkthrough

On October 2022, Xave Finance suffered a other — the first of 188 documented other incidents in our archive where the loss figure was not publicly disclosed but the exploit pattern is documented below.

Attack Mechanics: How the Xave Finance Other Played Out

Exploit Class Applied to Xave Finance

The Xave Finance incident on October 9, 2022 is classified as a Other. A specific exploit class outside the most common buckets. In the full archive, Xave Finance is 1 of 188 documented other incidents.

Xave Finance in Context

The Xave Finance incident joins a class whose largest loss to date is MIMSpell (2024) at $65M.

Prior Other Before Xave Finance

The nearest other incident before Xave Finance was RES, 3 days earlier on October 6, 2022. The same exploit class surfaced again within the other attack surface.

Xave Finance Vulnerability Signature

The primary source categorises the Xave Finance exploit specifically as “Malicious Proposal Mint & Transfer Ownership”. This narrower label is entity-specific: it reflects how the Xave Finance contract failed, rather than the broad other pattern alone.

Impact & Recovery for Xave Finance

Xave Finance Loss Figure

The loss figure for Xave Finance is not publicly disclosed. The primary source reports the exploit in non-USD terms, so no USD estimate is published here. For reference, the average loss across 188 other incidents in our archive is $2.03M.

Timeline Since the Xave Finance Incident

The Xave Finance exploit occurred 3.5 years ago (1,283 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.

Primary Reference for Xave Finance

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

FAQ

How much did Xave Finance lose?

The Xave Finance loss figure is not publicly disclosed. The primary source reports the exploit in non-USD token terms, so no USD estimate is published here.

When did the Xave Finance hack happen?

The Xave Finance exploit was recorded on October 9, 2022 — 1,283 days ago.

What type of exploit hit Xave Finance?

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

How common is the Other pattern seen at Xave Finance?

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

How does Xave Finance compare to the largest Other attack?

The largest other incident in our archive is MIMSpell (2024) at $65M. The Xave Finance loss was not publicly disclosed.

Describe the significance of Layer 2 rollups in the framework.

To enhance scalability and reduce on-chain storage costs.

What distinctive feature of cryptocurrencies is emphasized in discussions about their value?

The anonymity of transactions is a prominent distinctive feature of cryptocurrencies.