On August 2022, EGD Finance was exploited in a price manipulation, resulting in approximately $36K in losses. That makes the EGD Finance exploit the 288th largest DeFi incident out of 690 documented in our archive.
Attack Mechanics: How the EGD Finance Price Manipulation Played Out
Exploit Class Applied to EGD Finance
The EGD Finance incident on August 7, 2022 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, EGD Finance is 1 of 85 documented price manipulation incidents.
EGD Finance in Context
At $36K, the EGD Finance exploit is a minor (<$1M) event compared to the largest same-class incident in our archive — CreamFinance (2021) at $130M.
Prior Price Manipulation Before EGD Finance
The nearest price manipulation incident before EGD Finance was SpaceGodzilla, 25 days earlier on July 13, 2022 ($25.4K lost). The same exploit class surfaced again within the price manipulation attack surface.
EGD Finance Vulnerability Signature
The primary source categorises the EGD Finance exploit specifically as “Flashloans & Price Manipulation”. This narrower label is entity-specific: it reflects how the EGD Finance contract failed, rather than the broad price manipulation pattern alone.
Impact & Recovery for EGD Finance
EGD Finance Loss Figure
The EGD Finance exploit caused $36,044 in losses — a minor (<$1M) incident and the 38th largest of 129 documented in 2022.
Where EGD Finance Sits Among Price Manipulation Attacks
Ranked by loss size, EGD Finance is the 44th largest of 85 price manipulation incidents documented. That puts the EGD Finance loss below the class average of $3.9M.
Timeline Since the EGD Finance Incident
The EGD Finance exploit occurred 3.7 years ago (1,346 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.
Primary Reference for EGD Finance
Public post-mortem / on-chain analysis for the EGD Finance incident: view source.
FAQ
How much did EGD Finance lose?
The EGD Finance exploit in August 2022 resulted in $36,044 in losses — the 38th largest of 129 DeFi incidents that year.
When did the EGD Finance hack happen?
The EGD Finance exploit was recorded on August 7, 2022 — 1,346 days ago.
What type of exploit hit EGD Finance?
The EGD Finance 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 EGD Finance?
Our archive contains 85 documented price manipulation incidents. The EGD Finance incident is one of them.
How does EGD Finance compare to the largest Price Manipulation attack?
The largest price manipulation incident in our archive is CreamFinance (2021) at $130M. The EGD Finance loss is $36K.
How does the BBDSPP scheme contribute to IIoT data sharing and privacy protection according to experimental results?
Experimental results show the scheme effectively overcomes existing solution limitations, demonstrating strong feasibility and performance.
What impact do ICOs have on small business funding?
ICOs offer a new way for small businesses to raise capital through digital tokens.