shield Price Manipulation · $197K loss

SellToken02 Hack: How $197K Was Lost in a Price Manipulation (2023)

On May 2023, SellToken02 was exploited in a price manipulation, resulting in approximately $197K in losses. That makes the SellToken02 exploit the 166th largest DeFi incident out of 690 documented in our archive.

Attack Mechanics: How the SellToken02 Price Manipulation Played Out

Exploit Class Applied to SellToken02

The SellToken02 incident on May 13, 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, SellToken02 is 1 of 85 documented price manipulation incidents.

SellToken02 in Context

At $197K, the SellToken02 exploit is a minor (<$1M) event compared to the largest same-class incident in our archive — CreamFinance (2021) at $130M.

Prior Price Manipulation Before SellToken02

The nearest price manipulation incident before SellToken02 was LW, 1 day earlier on May 12, 2023 ($50K lost). The same exploit class surfaced again within the price manipulation attack surface.

Impact & Recovery for SellToken02

SellToken02 Loss Figure

The SellToken02 exploit caused $197,000 in losses — a minor (<$1M) incident and the 64th largest of 214 documented in 2023.

Where SellToken02 Sits Among Price Manipulation Attacks

Ranked by loss size, SellToken02 is the 19th largest of 85 price manipulation incidents documented. That puts the SellToken02 loss below the class average of $3.9M.

Timeline Since the SellToken02 Incident

The SellToken02 exploit occurred 2.9 years ago (1,067 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.

Primary Reference for SellToken02

Public post-mortem / on-chain analysis for the SellToken02 incident: view source.

FAQ

How much did SellToken02 lose?

The SellToken02 exploit in May 2023 resulted in $197,000 in losses — the 64th largest of 214 DeFi incidents that year.

When did the SellToken02 hack happen?

The SellToken02 exploit was recorded on May 13, 2023 — 1,067 days ago.

What type of exploit hit SellToken02?

The SellToken02 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 SellToken02?

Our archive contains 85 documented price manipulation incidents. The SellToken02 incident is one of them.

How does SellToken02 compare to the largest Price Manipulation attack?

The largest price manipulation incident in our archive is CreamFinance (2021) at $130M. The SellToken02 loss is $197K.

Which platforms were evaluated in the study?

Ethereum, Hyperledger Fabric, IOTA, Fantom, and Avalanche.

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.