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Hack history / 2023 / Hack or exploit

Uwerx

Hack or exploit on Aug 2, 2023 · Spot Price Manipulation

ATTACK TX CONFIRMED ON CHAINSOURCES AGREE ON DATE AND LOSS · 4 SOURCES
Lost
$324K
dollars at the time
Returned
none listed
as the sources state it
Rank
#1,290
among thefts by dollars lost

What happened

Uwerx was exploited on August 2, 2023 for $327,000 (176 ETH). Attacker flash-loaned 20,000 ETH, swapped for WERX tokens, dumped them into Uniswap pool, then used the skim() function with a specific address. The 1% burn mechanism on transfers created a price imbalance the attacker arbitraged for profit.

Details

Date
Aug 2, 2023
Kind
Hack or exploit
Method
Spot Price Manipulation
How in
Price, oracle and governance
Target
Other
Chains
Ethereum

Reported by

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Cite this pageSwanBluechip, "Uwerx hack, Aug 2, 2023: $324K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/hte3e9c00fe5/ (data as of 2026-10-31).
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