Hack history / 2022 / Hack or exploit
One Ring Finance
Hack or exploit on Mar 21, 2022 · Improper Access Control
ATTACK TX CONFIRMED ON CHAININ REVIEWSOURCES AGREE ON DATE AND LOSS · 4 SOURCES
Lost
$1.5M
dollars at the time
Returned
none listed
as the sources state it
Rank
#809
among thefts by dollars lost
What happened
One Ring Finance was exploited via flash loan price manipulation when the protocol's LP token price calculation lacked time-weighted averaging. The attacker pre-positioned assets through Celer Network's cBridge and deployed a contract to drain liquidity.
In review: possible duplicate within one source.
Details
- Date
- Mar 21, 2022
- Kind
- Hack or exploit
- Method
- Improper Access Control
- How in
- Smart contract bug
- Target
- DeFi protocol
- Chains
- Ethereum, Fantom
Related incidents
Mirror 2022 · Hack or exploit · $88M
Wintermute 2022 · Hack or exploit · $17.6M
Crema Finance 2022 · Hack or exploit · $8.8M
Ankr 2022 · Hack or exploit · $5M
TempleDAO 2022 · Hack or exploit · $2.3M
Wintermute 2022 · Hack or exploit · $17.6M
Crema Finance 2022 · Hack or exploit · $8.8M
Ankr 2022 · Hack or exploit · $5M
TempleDAO 2022 · Hack or exploit · $2.3M
Cite this page
SwanBluechip, "One Ring Finance hack, Mar 21, 2022: $1.5M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/htd3ac5e32a7/ (data as of 2026-10-31).