ChainBleedv0.1 · open intel
← back to feed·ARBORACLE2024-01-27 · 2y ago
Incident · SLOWMIST

Citadel Finance

Price Manipulation
Estimated loss
$93.0K
VERDICT —UNRATED
Verdict pending. Auto-ingested incidents are reviewed before a public verdict is rendered.
▰ METHOD
ORACLE
ORACLEBYTECODE CATCHABLEAI SCANNABLE
Root cause

Root-cause analysis not yet published. The incident description below contains all currently available signal — review the attack transaction directly for definitive forensics.

▰ PROOF OF CONCEPT
DEFIHACKLABS
src/test/2024-01/CitadelFinance_exp.sol
view forked test on github ↗

Reproducible Foundry test fork from SunWeb3Sec/DeFiHackLabs. Clone the repo, run forge test against the file path above, and replay the exploit against a mainnet fork at the historical block. Use for reproduction only — not for live targets.

Forensic narrative

Citadel Finance was exploited on the Arbitrum chain, which resulted in a loss of 43 ETH, worth approximately $93,000. The root cause of the exploit is price manipulation of the underlying assets. Attack method (per SlowMist): Price Manipulation. Reported loss: $ 93,000.

Primary source
https://neptunemutual.com/blog/how-was-citadel-finance-exploited/
Sourced from
slowmist
Technical record
chain
arbitrum
protocol
Citadel Finance
bug_class
oracle
date_occurred
2024-01-27
loss_usd
$93,000
source_id
sm:citadel-finance::2024-01-27
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