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Hack history / 2022 / Hack or exploit

Inverse Finance Frontier

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

SOURCES AGREE ON DATE AND LOSS · 3 SOURCES
Lost
$15.6M
dollars at the time
Returned
none listed
as the sources state it
Rank
#233
among thefts by dollars lost

What happened

On April 2, 2022, an attacker injected ~$3M in ETH into SushiSwap INV/ETH to artificially inflate the Keep3r price feed, then borrowed $15.6M (DOLA, ETH, WBTC, YFI) from Inverse Finance's Anchor market using inflated INV collateral.

Details

Date
Apr 2, 2022
Kind
Hack or exploit
Method
Spot Price Manipulation
How in
Price, oracle and governance
Target
DeFi protocol
Chains
Ethereum
Audit (rekt.news)
unaudited

Reported by

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Elephant Money 2022 · Hack or exploit · $22.2M
Cite this pageSwanBluechip, "Inverse Finance Frontier hack, Apr 2, 2022: $15.6M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht4c0e090599/ (data as of 2026-10-31).
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