shield Precision Loss · $825K loss

Hopelend Precision Loss postmortem (October 2023) — $825K drained

On October 2023, Hopelend was exploited in a precision loss, resulting in approximately $825K in losses. That makes the Hopelend exploit the 97th largest DeFi incident out of 690 documented in our archive.

Attack Mechanics: How the Hopelend Precision Loss Played Out

Exploit Class Applied to Hopelend

The Hopelend incident on October 18, 2023 is classified as a Precision Loss. Rounding errors in token math let the attacker extract small but repeatable profits. In the full archive, Hopelend is 1 of 8 documented precision loss incidents.

Hopelend in Context

At $825K, the Hopelend exploit is a minor (<$1M) event compared to the largest same-class incident in our archive — BalancerV2 (2025) at $120M.

Prior Precision Loss Before Hopelend

The nearest precision loss incident before Hopelend was MidasCapitalXYZ, 123 days earlier on June 17, 2023 ($600K lost). The same exploit class surfaced again within the precision loss attack surface.

Hopelend Vulnerability Signature

The primary source categorises the Hopelend exploit specifically as “Div Precision Loss”. This narrower label is entity-specific: it reflects how the Hopelend contract failed, rather than the broad precision loss pattern alone.

Impact & Recovery for Hopelend

Hopelend Loss Figure

The Hopelend exploit caused $825,000 in losses — a minor (<$1M) incident and the 37th largest of 214 documented in 2023. This single incident represents 0.1% of all tracked losses that year.

Where Hopelend Sits Among Precision Loss Attacks

Ranked by loss size, Hopelend is the 4th largest of 8 precision loss incidents documented. That puts the Hopelend loss below the class average of $27.06M.

Timeline Since the Hopelend Incident

The Hopelend exploit occurred 2.5 years ago (909 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.

Primary Reference for Hopelend

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

FAQ

How much did Hopelend lose?

The Hopelend exploit in October 2023 resulted in $825,000 in losses — the 37th largest of 214 DeFi incidents that year.

When did the Hopelend hack happen?

The Hopelend exploit was recorded on October 18, 2023 — 909 days ago.

What type of exploit hit Hopelend?

The Hopelend incident is classified as a Precision Loss. Rounding errors in token math let the attacker extract small but repeatable profits.

How common is the Precision Loss pattern seen at Hopelend?

Our archive contains 8 documented precision loss incidents. The Hopelend incident is one of them.

How does Hopelend compare to the largest Precision Loss attack?

The largest precision loss incident in our archive is BalancerV2 (2025) at $120M. The Hopelend loss is $825K.

What is the significance of using Raspberry Pi in the proposed system?

Raspberry Pi serves as an affordable and efficient platform for deploying IoT sensors and integrating them with the blockchain.

How do multi-adaptor signatures improve blockchain transactions?

Multi-adaptor signatures require the participation of all secret key holders in the signing protocol, ensuring collective agreement on transactions.