On April 2023, 0vix was exploited in a price manipulation, resulting in approximately $2M in losses. That makes the 0vix exploit the 60th largest DeFi incident out of 690 documented in our archive.
Attack Mechanics: How the 0vix Price Manipulation Played Out
Exploit Class Applied to 0vix
The 0vix incident on April 28, 2023 is classified as a Price Manipulation. The attacker drives the on-chain price of a token up or down within a single transaction to extract value from the protocol. In the full archive, 0vix is 1 of 85 documented price manipulation incidents.
0vix in Context
At $2M, the 0vix exploit is a significant ($1M–$10M) event compared to the largest same-class incident in our archive — CreamFinance (2021) at $130M.
Prior Price Manipulation Before 0vix
The nearest price manipulation incident before 0vix was Allbridge, 26 days earlier on April 2, 2023 ($550K lost). The same exploit class surfaced again within the price manipulation attack surface.
0vix Vulnerability Signature
The primary source categorises the 0vix exploit specifically as “FlashLoan Price Manipulation”. This narrower label is entity-specific: it reflects how the 0vix contract failed, rather than the broad price manipulation pattern alone.
Impact & Recovery for 0vix
0vix Loss Figure
The 0vix exploit caused $2,000,000 in losses — a significant ($1M–$10M) incident and the 22nd largest of 214 documented in 2023. This single incident represents 0.3% of all tracked losses that year.
Where 0vix Sits Among Price Manipulation Attacks
Ranked by loss size, 0vix is the 11th largest of 85 price manipulation incidents documented. That puts the 0vix loss below the class average of $3.9M.
Timeline Since the 0vix Incident
The 0vix exploit occurred 3 years ago (1,082 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.
Primary Reference for 0vix
Public post-mortem / on-chain analysis for the 0vix incident: view source.
FAQ
How much did 0vix lose?
The 0vix exploit in April 2023 resulted in $2,000,000 in losses — the 22nd largest of 214 DeFi incidents that year.
When did the 0vix hack happen?
The 0vix exploit was recorded on April 28, 2023 — 1,082 days ago.
What type of exploit hit 0vix?
The 0vix incident is classified as a Price Manipulation. The attacker drives the on-chain price of a token up or down within a single transaction to extract value from the protocol.
How common is the Price Manipulation pattern seen at 0vix?
Our archive contains 85 documented price manipulation incidents. The 0vix incident is one of them.
How does 0vix compare to the largest Price Manipulation attack?
The largest price manipulation incident in our archive is CreamFinance (2021) at $130M. The 0vix loss is $2M.
What methodologies were used to evaluate the effectiveness of the proposed system?
The system was assessed through simulations, security analysis, and performance metrics to determine its efficiency and security.
How does the proposed method ensure the robustness of time series classification models?
By effectively generating adversarial examples and defending against such attacks without degrading performance.