Hack history / 2022 / Hack or exploit
Pando Rings
Hack or exploit on Nov 6, 2022 · Spot Price Manipulation
ONE SOURCE · 1 SOURCE
Lost
$22M
dollars at the time
Returned
none listed
as the sources state it
Rank
#194
among thefts by dollars lost
What happened
On November 5-6, 2022, Pando Rings suffered an oracle manipulation attack when an attacker inflated sBTC-WBTC LP token values in the oracle, enabling borrowing against inflated collateral and stealing approximately $20-22M.
Details
- Date
- Nov 6, 2022
- Kind
- Hack or exploit
- Method
- Spot Price Manipulation
- How in
- Price, oracle and governance
- Target
- DeFi protocol
- Chains
- Mixin
Reported by
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Cite this page
SwanBluechip, "Pando Rings hack, Nov 6, 2022: $22M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht19108c916a/ (data as of 2026-10-31).