On December 2023, ElephantStatus was exploited in a price manipulation, resulting in approximately $165K in losses. That makes the ElephantStatus exploit the 181st largest DeFi incident out of 690 documented in our archive.
Attack Mechanics: How the ElephantStatus Price Manipulation Played Out
Exploit Class Applied to ElephantStatus
The ElephantStatus incident on December 6, 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, ElephantStatus is 1 of 85 documented price manipulation incidents.
ElephantStatus in Context
At $165K, the ElephantStatus exploit is a minor (<$1M) event compared to the largest same-class incident in our archive — CreamFinance (2021) at $130M.
Prior Price Manipulation Before ElephantStatus
The nearest price manipulation incident before ElephantStatus was MAMO, 1 day earlier on December 5, 2023 ($3.3K lost). The same exploit class surfaced again within the price manipulation attack surface.
Impact & Recovery for ElephantStatus
ElephantStatus Loss Figure
The ElephantStatus exploit caused $165,000 in losses — a minor (<$1M) incident and the 70th largest of 214 documented in 2023.
Where ElephantStatus Sits Among Price Manipulation Attacks
Ranked by loss size, ElephantStatus is the 21st largest of 85 price manipulation incidents documented. That puts the ElephantStatus loss below the class average of $3.9M.
Timeline Since the ElephantStatus Incident
The ElephantStatus exploit occurred 2.4 years ago (860 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.
Primary Reference for ElephantStatus
Public post-mortem / on-chain analysis for the ElephantStatus incident: view source.
FAQ
How much did ElephantStatus lose?
The ElephantStatus exploit in December 2023 resulted in $165,000 in losses — the 70th largest of 214 DeFi incidents that year.
When did the ElephantStatus hack happen?
The ElephantStatus exploit was recorded on December 6, 2023 — 860 days ago.
What type of exploit hit ElephantStatus?
The ElephantStatus 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 ElephantStatus?
Our archive contains 85 documented price manipulation incidents. The ElephantStatus incident is one of them.
How does ElephantStatus compare to the largest Price Manipulation attack?
The largest price manipulation incident in our archive is CreamFinance (2021) at $130M. The ElephantStatus loss is $165K.
Do ESG indices have a different impact on state-owned vs. non-state-owned enterprises?
Yes, non-state-owned enterprises are more affected by ESG indices than state-owned enterprises.
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LSTM shows more accurate results with the highest model fitting ability among all algorithms used.