On December 2022, – MU&MUG was exploited in a price manipulation, resulting in approximately $57K in losses. That makes the – MU&MUG exploit the 260th largest DeFi incident out of 690 documented in our archive.
Attack Mechanics: How the – MU&MUG Price Manipulation Played Out
Exploit Class Applied to – MU&MUG
The – MU&MUG incident on December 10, 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, – MU&MUG is 1 of 85 documented price manipulation incidents.
– MU&MUG in Context
At $57K, the – MU&MUG exploit is a minor (<$1M) event compared to the largest same-class incident in our archive — CreamFinance (2021) at $130M.
Prior Price Manipulation Before – MU&MUG
The nearest price manipulation incident before – MU&MUG was – AES (Deflationary token), 3 days earlier on December 7, 2022 ($60K lost). The same exploit class surfaced again within the price manipulation attack surface.
– MU&MUG Vulnerability Signature
The primary source categorises the – MU&MUG exploit specifically as “FlashLoan price manipulation”. This narrower label is entity-specific: it reflects how the – MU&MUG contract failed, rather than the broad price manipulation pattern alone.
Impact & Recovery for – MU&MUG
– MU&MUG Loss Figure
The – MU&MUG exploit caused $57,000 in losses — a minor (<$1M) incident and the 33rd largest of 129 documented in 2022.
Where – MU&MUG Sits Among Price Manipulation Attacks
Ranked by loss size, – MU&MUG is the 38th largest of 85 price manipulation incidents documented. That puts the – MU&MUG loss below the class average of $3.9M.
Timeline Since the – MU&MUG Incident
The – MU&MUG exploit occurred 3.3 years ago (1,221 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.
Primary Reference for – MU&MUG
Public post-mortem / on-chain analysis for the – MU&MUG incident: view source.
FAQ
How much did – MU&MUG lose?
The – MU&MUG exploit in December 2022 resulted in $57,000 in losses — the 33rd largest of 129 DeFi incidents that year.
When did the – MU&MUG hack happen?
The – MU&MUG exploit was recorded on December 10, 2022 — 1,221 days ago.
What type of exploit hit – MU&MUG?
The – MU&MUG 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 – MU&MUG?
Our archive contains 85 documented price manipulation incidents. The – MU&MUG incident is one of them.
How does – MU&MUG compare to the largest Price Manipulation attack?
The largest price manipulation incident in our archive is CreamFinance (2021) at $130M. The – MU&MUG loss is $57K.
What does the study conclude about the predictive power of independent variables in the GARCH (1,1) model?
It concludes that independent variables, except trading volume, are statistically insignificant in predicting returns, emphasizing the predominant role of trading volume.
What were the key factors considered by the trading recommendation algorithm?
The algorithm considered impact of commissions, identification of strong trends, and utilization of take-profit and stop-loss strategies.