On November 2021, MonoX Finance was exploited in a price manipulation, resulting in approximately $31 in losses. That makes the MonoX Finance exploit the 456th largest DeFi incident out of 690 documented in our archive.
Attack Mechanics: How the MonoX Finance Price Manipulation Played Out
Exploit Class Applied to MonoX Finance
The MonoX Finance incident on November 30, 2021 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, MonoX Finance is 1 of 85 documented price manipulation incidents.
MonoX Finance in Context
At $31, the MonoX 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 MonoX Finance
The nearest price manipulation incident before MonoX Finance was CreamFinance, 34 days earlier on October 27, 2021 ($130M lost). The same exploit class surfaced again within the price manipulation attack surface.
Impact & Recovery for MonoX Finance
MonoX Finance Loss Figure
The MonoX Finance exploit caused $31 in losses — a minor (<$1M) incident and the 12th largest of 37 documented in 2021.
Where MonoX Finance Sits Among Price Manipulation Attacks
Ranked by loss size, MonoX Finance is the 65th largest of 85 price manipulation incidents documented. That puts the MonoX Finance loss below the class average of $3.9M.
Timeline Since the MonoX Finance Incident
The MonoX Finance exploit occurred 4.4 years ago (1,596 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.
Primary Reference for MonoX Finance
Public post-mortem / on-chain analysis for the MonoX Finance incident: view source.
FAQ
How much did MonoX Finance lose?
The MonoX Finance exploit in November 2021 resulted in $31 in losses — the 12th largest of 37 DeFi incidents that year.
When did the MonoX Finance hack happen?
The MonoX Finance exploit was recorded on November 30, 2021 — 1,596 days ago.
What type of exploit hit MonoX Finance?
The MonoX 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 MonoX Finance?
Our archive contains 85 documented price manipulation incidents. The MonoX Finance incident is one of them.
How does MonoX Finance compare to the largest Price Manipulation attack?
The largest price manipulation incident in our archive is CreamFinance (2021) at $130M. The MonoX Finance loss is $31.
What is the significance of using ensemble machine learning models?
They have been shown to produce superior performance than single machine learning models.
What is the primary finding regarding the distribution of cryptocurrency returns?
The returns are non-normal, and no single distribution fits well to all analyzed cryptocurrencies.