Hack history / 2023 / Hack or exploit
Opyn
Hack or exploit on Mar 13, 2023 · Affected by Euler Finance Attack
ONE SOURCE · 1 SOURCE
Lost
undisclosed
dollars at the time
Returned
none listed
as the sources state it
Rank
not ranked
collapses, frauds and later news are not ranked
What happened
Opyn built the first decentralized option protocol, developed the perpetual option Opyn Squeeth, and built a variety of income strategies on Suqeeth. This time Opyn is affected by the Zen Bull strategy, which combines the Crab strategy and ETH leveraged long positions, and is suitable for low-volatility markets where ETH prices are on an upward trend. Since this strategy requires mortgage assets to buy ETH through leverage, it may be a mortgage loan in Euler, resulting in losses. Opyn has not announced the amount of the loss and how it will be dealt with.
Details
- Date
- Mar 13, 2023
- Kind
- Hack or exploit
- Method
- Affected by Euler Finance Attack
- How in
- Other
- Target
- not stated
- Chains
- Ethereum
Reported by
Related incidents
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Idle Finance 2023 · Hack or exploit · $11M
Sherlock 2023 · Hack or exploit · $4.5M
Angle Protocol 2023 · Hack or exploit · $17.6M
Balancer 2023 · Hack or exploit · $11.9M
Idle Finance 2023 · Hack or exploit · $11M
Sherlock 2023 · Hack or exploit · $4.5M
Cite this page
SwanBluechip, "Opyn hack, Mar 13, 2023: undisclosed lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht1da2420964/ (data as of 2026-10-31).