On August 2021, WaultFinace suffered a price manipulation — the first of 85 documented price manipulation incidents in our archive where the loss figure was not publicly disclosed but the exploit pattern is documented below.
Attack Mechanics: How the WaultFinace Price Manipulation Played Out
Exploit Class Applied to WaultFinace
The WaultFinace incident on August 4, 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, WaultFinace is 1 of 85 documented price manipulation incidents.
WaultFinace in Context
The WaultFinace incident joins a class whose largest loss to date is CreamFinance (2021) at $130M.
WaultFinace Vulnerability Signature
The primary source categorises the WaultFinace exploit specifically as “FlashLoan price manipulation”. This narrower label is entity-specific: it reflects how the WaultFinace contract failed, rather than the broad price manipulation pattern alone.
Impact & Recovery for WaultFinace
WaultFinace Loss Figure
The loss figure for WaultFinace is not publicly disclosed. The primary source reports the exploit in non-USD terms, so no USD estimate is published here. For reference, the average loss across 85 price manipulation incidents in our archive is $3.9M.
Timeline Since the WaultFinace Incident
The WaultFinace exploit occurred 4.7 years ago (1,714 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.
Primary Reference for WaultFinace
Public post-mortem / on-chain analysis for the WaultFinace incident: view source.
FAQ
How much did WaultFinace lose?
The WaultFinace loss figure is not publicly disclosed. The primary source reports the exploit in non-USD token terms, so no USD estimate is published here.
When did the WaultFinace hack happen?
The WaultFinace exploit was recorded on August 4, 2021 — 1,714 days ago.
What type of exploit hit WaultFinace?
The WaultFinace 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 WaultFinace?
Our archive contains 85 documented price manipulation incidents. The WaultFinace incident is one of them.
How does WaultFinace compare to the largest Price Manipulation attack?
The largest price manipulation incident in our archive is CreamFinance (2021) at $130M. The WaultFinace loss was not publicly disclosed.
What are the main themes identified in the document regarding blockchain's application in accounting and auditing?
Strengthening financial reporting systems, the future of auditing, and valuation of cryptocurrencies.
What preprocessing steps are applied to the data?
Data cleaning and normalization.