On July 2023, Libertify was exploited in a reentrancy, resulting in approximately $452K in losses. That makes the Libertify exploit the 124th largest DeFi incident out of 690 documented in our archive.
Attack Mechanics: How the Libertify Reentrancy Played Out
Exploit Class Applied to Libertify
The Libertify incident on July 11, 2023 is classified as a Reentrancy. A malicious contract re-enters a vulnerable function before state is updated, letting it drain funds multiple times. In the full archive, Libertify is 1 of 51 documented reentrancy incidents.
Libertify in Context
At $452K, the Libertify exploit is a minor (<$1M) event compared to the largest same-class incident in our archive — Curve (2023) at $41M.
Prior Reentrancy Before Libertify
The nearest reentrancy incident before Libertify was ArcadiaFi, 1 day earlier on July 10, 2023 ($400K lost). The same exploit class surfaced again within the reentrancy attack surface.
Impact & Recovery for Libertify
Libertify Loss Figure
The Libertify exploit caused $452,000 in losses — a minor (<$1M) incident and the 49th largest of 214 documented in 2023. This single incident represents 0.1% of all tracked losses that year.
Where Libertify Sits Among Reentrancy Attacks
Ranked by loss size, Libertify is the 15th largest of 51 reentrancy incidents documented. That puts the Libertify loss below the class average of $2.87M.
Timeline Since the Libertify Incident
The Libertify exploit occurred 2.8 years ago (1,008 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.
Primary Reference for Libertify
Public post-mortem / on-chain analysis for the Libertify incident: view source.
FAQ
How much did Libertify lose?
The Libertify exploit in July 2023 resulted in $452,000 in losses — the 49th largest of 214 DeFi incidents that year.
When did the Libertify hack happen?
The Libertify exploit was recorded on July 11, 2023 — 1,008 days ago.
What type of exploit hit Libertify?
The Libertify incident is classified as a Reentrancy. A malicious contract re-enters a vulnerable function before state is updated, letting it drain funds multiple times.
How common is the Reentrancy pattern seen at Libertify?
Our archive contains 51 documented reentrancy incidents. The Libertify incident is one of them.
How does Libertify compare to the largest Reentrancy attack?
The largest reentrancy incident in our archive is Curve (2023) at $41M. The Libertify loss is $452K.
How do economic sustainability practices impact firms?
They include strategic planning, investments in digital security, IT, and human resources, contributing to new market development.
Which dataset is used for evaluating the proposed methods?
The UCR dataset.