VERDICT —UNRATED
Verdict pending. Auto-ingested incidents are reviewed before a public verdict is rendered.
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/2023-07/RodeoFinance_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
The Arbitrum ecological leverage income agreement Rodeo Finance caused hackers to steal about $1.7 million due to price oracle manipulation, and currently about $816,000 has been recovered in the form of unshETH. Attack method (per SlowMist): Price Manipulation. Reported loss: $ 1,700,000.
Sourced from
slowmist
Technical record
- chain
- arbitrum
- protocol
- Rodeo Finance
- bug_class
- oracle
- date_occurred
- 2023-07-11
- loss_usd
- $1,700,000
- source_id
- sm:rodeo-finance::2023-07-11
Related — same bug class· oracle