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Hack history / 2023 / Hack or exploit

Tender Finance

Hack or exploit on Mar 7, 2023 · Stale Oracle Price

SOURCES AGREE ON DATE AND LOSS · 2 SOURCES
Lost
$1.6M
dollars at the time
Returned
none listed
as the sources state it
Rank
#781
among thefts by dollars lost

What happened

Tender Finance on Arbitrum exploited March 7, 2023 for $1.59M via misconfigured GMX oracle. Attacker borrowed using only 1 GMX token (~$70 collateral). White-hat negotiated return for $97K bounty.

Details

Date
Mar 7, 2023
Kind
Hack or exploit
Method
Stale Oracle Price
How in
Price, oracle and governance
Target
DeFi protocol
Chains
Arbitrum

Reported by

Related incidents

Levana Perps 2023 · Hack or exploit · $1.1M
Cite this pageSwanBluechip, "Tender Finance hack, Mar 7, 2023: $1.6M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht2bbd924447/ (data as of 2026-10-31).
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