Hack history / 2020 / Hack or exploit
ValueDefi
Hack or exploit on Nov 14, 2020 · Spot Price Manipulation
SOURCES AGREE ON DATE AND LOSS · 3 SOURCES
Lost
$7.4M
sources: $6M to $7.4M
Returned
none listed
as the sources state it
Rank
#377
among thefts by dollars lost
What happened
On November 14, 2020, Value DeFi's MultiStablesVault was exploited for $7.4M DAI via a two-stage flashloan attack that manipulated stablecoin exchange rates through Curve's AMM-based oracle. The attacker voluntarily returned $2M after Value DeFi offered a $1M bounty.
Details
- Date
- Nov 14, 2020
- Kind
- Hack or exploit
- Method
- Spot Price Manipulation
- How in
- Price, oracle and governance
- Target
- DeFi protocol
- Chains
- Ethereum
- Audit (rekt.news)
- unaudited
After the theft
- Returned by the attacker
- yes, amount not stated
“The attacker voluntarily returned $2M after Value DeFi offered a $1M bounty.” (DefiLlama)
Reported by
Related incidents
ValueDefi 2021 · Hack or exploit · $11M
ValueDefi 2021 · Hack or exploit · $10M
Harvest Finance 2020 · Hack or exploit · $24M
Eminence 2020 · Hack or exploit · $15M
Warp Protocol 2020 · Hack or exploit · $7.8M
ValueDefi 2021 · Hack or exploit · $10M
Harvest Finance 2020 · Hack or exploit · $24M
Eminence 2020 · Hack or exploit · $15M
Warp Protocol 2020 · Hack or exploit · $7.8M
Cite this page
SwanBluechip, "ValueDefi hack, Nov 14, 2020: $7.4M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht94fb4b7b92/ (data as of 2026-10-31).