Hack history / 2022 / Hack or exploit
EGD Finance
Hack or exploit on Aug 7, 2022 · Spot Price Manipulation
ATTACK TX CONFIRMED ON CHAINSOURCES AGREE ON DATE AND LOSS · 3 SOURCES
Lost
$36K
dollars at the time
Returned
none listed
as the sources state it
Rank
#2,005
among thefts by dollars lost
What happened
EGD Finance's reward calculation directly relied on token price without flash loan protection. Attackers used a flashloan to manipulate the USDT/EGD ratio in the PancakeSwap pool, artificially inflating EGD price and claiming excessive rewards.
Details
- Date
- Aug 7, 2022
- Kind
- Hack or exploit
- Method
- Spot Price Manipulation
- How in
- Price, oracle and governance
- Target
- DeFi protocol
- Chains
- BNB Chain
Reported by
Related incidents
Mango Markets V3 2022 · Hack or exploit · $115M
Elephant Money 2022 · Hack or exploit · $22.2M
Pando Rings 2022 · Hack or exploit · $22M
Inverse Finance Frontier 2022 · Hack or exploit · $15.6M
DEUS Finance 2022 · Hack or exploit · $13.4M
Elephant Money 2022 · Hack or exploit · $22.2M
Pando Rings 2022 · Hack or exploit · $22M
Inverse Finance Frontier 2022 · Hack or exploit · $15.6M
DEUS Finance 2022 · Hack or exploit · $13.4M
Cite this page
SwanBluechip, "EGD Finance hack, Aug 7, 2022: $36K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/hta558adf37a/ (data as of 2026-10-31).