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Hack history / 2022 / Hack or exploit

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Hack or exploit on Nov 2, 2022 · Spot Price Manipulation

ONE SOURCE · 1 SOURCE
Lost
$1.3M
dollars at the time
Returned
none listed
as the sources state it
Rank
#856
among thefts by dollars lost

What happened

On November 2, 2022, an attacker manipulated USDH price on Saber DEX from $1 to ~$15 to inflate collateral value on Solend, borrowing across isolated pools. By locking the Saber account to prevent arbitrage, the attacker created approximately $1.26M in bad debt.

Details

Date
Nov 2, 2022
Kind
Hack or exploit
Method
Spot Price Manipulation
How in
Price, oracle and governance
Target
DeFi protocol
Chains
Solana

Reported by

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Cite this pageSwanBluechip, "Save hack, Nov 2, 2022: $1.3M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht383513e9f3/ (data as of 2026-10-31).
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