On June 2024, UwULend was exploited in a price manipulation, resulting in approximately $19.3M in losses. That makes the UwULend exploit the 22nd largest DeFi incident out of 690 documented in our archive.
Attack Mechanics: How the UwULend Price Manipulation Played Out
Exploit Class Applied to UwULend
The UwULend incident on June 10, 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, UwULend is 1 of 85 documented price manipulation incidents.
UwULend in Context
At $19.3M, the UwULend exploit is a major ($10M–$100M) event compared to the largest same-class incident in our archive — CreamFinance (2021) at $130M.
Prior Price Manipulation Before UwULend
The nearest price manipulation incident before UwULend was SATURN, 34 days earlier on May 7, 2024. The same exploit class surfaced again within the price manipulation attack surface.
Impact & Recovery for UwULend
UwULend Loss Figure
The UwULend exploit caused $19,300,000 in losses — a major ($10M–$100M) incident and the 6th largest of 188 documented in 2024. This single incident represents 5.3% of all tracked losses that year.
Where UwULend Sits Among Price Manipulation Attacks
Ranked by loss size, UwULend is the 3rd largest of 85 price manipulation incidents documented. That puts the UwULend loss above the class average of $3.9M.
Timeline Since the UwULend Incident
The UwULend exploit occurred 1.8 years ago (673 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.
Primary Reference for UwULend
Public post-mortem / on-chain analysis for the UwULend incident: view source.
FAQ
How much did UwULend lose?
The UwULend exploit in June 2024 resulted in $19,300,000 in losses — the 6th largest of 188 DeFi incidents that year.
When did the UwULend hack happen?
The UwULend exploit was recorded on June 10, 2024 — 673 days ago.
What type of exploit hit UwULend?
The UwULend 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 UwULend?
Our archive contains 85 documented price manipulation incidents. The UwULend incident is one of them.
How does UwULend compare to the largest Price Manipulation attack?
The largest price manipulation incident in our archive is CreamFinance (2021) at $130M. The UwULend loss is $19.3M.
What role does cryptographic proof play in the edge aggregating servers?
To verify the authenticity of aggregated signatures and enhance data integrity.
What future research direction is suggested for blockchain in tourism?
Further exploration of specific blockchain applications to optimize its impact on industry sustainability.