On September 2024, PestoToken was exploited in a price manipulation, resulting in approximately $1.4K in losses. That makes the PestoToken exploit the 437th largest DeFi incident out of 690 documented in our archive.
Attack Mechanics: How the PestoToken Price Manipulation Played Out
Exploit Class Applied to PestoToken
The PestoToken incident on September 23, 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, PestoToken is 1 of 85 documented price manipulation incidents.
PestoToken in Context
At $1.4K, the PestoToken exploit is a minor (<$1M) event compared to the largest same-class incident in our archive — CreamFinance (2021) at $130M.
Prior Price Manipulation Before PestoToken
The nearest price manipulation incident before PestoToken was Caterpillar_Coin_CUT, 13 days earlier on September 10, 2024 ($1.4M lost). The same exploit class surfaced again within the price manipulation attack surface.
Impact & Recovery for PestoToken
PestoToken Loss Figure
The PestoToken exploit caused $1,400 in losses — a minor (<$1M) incident and the 130th largest of 188 documented in 2024.
Where PestoToken Sits Among Price Manipulation Attacks
Ranked by loss size, PestoToken is the 63rd largest of 85 price manipulation incidents documented. That puts the PestoToken loss below the class average of $3.9M.
Timeline Since the PestoToken Incident
The PestoToken exploit occurred 1.6 years ago (568 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.
Primary Reference for PestoToken
Public post-mortem / on-chain analysis for the PestoToken incident: view source.
FAQ
How much did PestoToken lose?
The PestoToken exploit in September 2024 resulted in $1,400 in losses — the 130th largest of 188 DeFi incidents that year.
When did the PestoToken hack happen?
The PestoToken exploit was recorded on September 23, 2024 — 568 days ago.
What type of exploit hit PestoToken?
The PestoToken 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 PestoToken?
Our archive contains 85 documented price manipulation incidents. The PestoToken incident is one of them.
How does PestoToken compare to the largest Price Manipulation attack?
The largest price manipulation incident in our archive is CreamFinance (2021) at $130M. The PestoToken loss is $1.4K.
What significant challenges does the rapid expansion of IoT introduce in data authentication?
Balancing scalability and security, computational and storage bottlenecks.
What is the primary goal of the methodology proposed in the paper?
To predict cryptocurrency price movements by analyzing market and social media data.