On January 2024, CitadelFinance was exploited in a price manipulation, resulting in approximately $93K in losses. That makes the CitadelFinance exploit the 222nd largest DeFi incident out of 690 documented in our archive.
Attack Mechanics: How the CitadelFinance Price Manipulation Played Out
Exploit Class Applied to CitadelFinance
The CitadelFinance incident on January 27, 2024 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, CitadelFinance is 1 of 85 documented price manipulation incidents.
CitadelFinance in Context
At $93K, the CitadelFinance exploit is a minor (<$1M) event compared to the largest same-class incident in our archive — CreamFinance (2021) at $130M.
Prior Price Manipulation Before CitadelFinance
The nearest price manipulation incident before CitadelFinance was Gamma, 23 days earlier on January 4, 2024 ($6.3M lost). The same exploit class surfaced again within the price manipulation attack surface.
Impact & Recovery for CitadelFinance
CitadelFinance Loss Figure
The CitadelFinance exploit caused $93,000 in losses — a minor (<$1M) incident and the 63rd largest of 188 documented in 2024.
Where CitadelFinance Sits Among Price Manipulation Attacks
Ranked by loss size, CitadelFinance is the 29th largest of 85 price manipulation incidents documented. That puts the CitadelFinance loss below the class average of $3.9M.
Timeline Since the CitadelFinance Incident
The CitadelFinance exploit occurred 2.2 years ago (808 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.
Primary Reference for CitadelFinance
Public post-mortem / on-chain analysis for the CitadelFinance incident: view source.
FAQ
How much did CitadelFinance lose?
The CitadelFinance exploit in January 2024 resulted in $93,000 in losses — the 63rd largest of 188 DeFi incidents that year.
When did the CitadelFinance hack happen?
The CitadelFinance exploit was recorded on January 27, 2024 — 808 days ago.
What type of exploit hit CitadelFinance?
The CitadelFinance 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 CitadelFinance?
Our archive contains 85 documented price manipulation incidents. The CitadelFinance incident is one of them.
How does CitadelFinance compare to the largest Price Manipulation attack?
The largest price manipulation incident in our archive is CreamFinance (2021) at $130M. The CitadelFinance loss is $93K.
What problem does the zk-SNARKs-based anonymous payment channel aim to solve?
It addresses the scalability and privacy issues in cryptocurrencies by enabling off-chain payments with privacy protection.
How does the proposed framework address the interaction between IoT devices and the blockchain?
By employing edge aggregating servers and Ethereum Layer 2 rollups.