Hack history / 2022 / Hack or exploit
ElasticSwap
Hack or exploit on Dec 13, 2022 · Spot Price Manipulation
ATTACK TX CONFIRMED ON CHAINSOURCES AGREE ON DATE AND LOSS · 2 SOURCES
Lost
$850K
dollars at the time
Returned
$521K
61% of the loss, as a source states it
Rank
#983
among thefts by dollars lost
What happened
On December 13, 2022, ElasticSwap was exploited on Avalanche and Ethereum via inconsistent accounting between addLiquidity (constant K) and removeLiquidity (pool balance), draining ~$854K.
Details
- Date
- Dec 13, 2022
- Kind
- Hack or exploit
- Method
- Spot Price Manipulation
- How in
- Price, oracle and governance
- Target
- DeFi protocol
- Chains
- Avalanche, Ethereum
Reported by
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Cite this page
SwanBluechip, "ElasticSwap hack, Dec 13, 2022: $850K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht21c9c93841/ (data as of 2026-10-31).