Incident All ledgers
Elrond: $113.0m
Elrond lost $113.0m on 5 June 2022. Ranked 40th of 1,272 crypto failures, with method, returned funds and comparable incidents.
- Date
- 5 June 2022
- Lost
- $113.0m
- Returned or repaid
- None recorded
- Target
- DeFi Protocol
- Category
- Token & Share Accounting
- Method
- Infinite Mint
- Chains
- Elrond
Attackers abused a newly deployed Elrond VM function to steal about 1.65M EGLD (around $113M), converting part of it into unbacked WEGLD. The team recovered and burned the illicit WEGLD, restoring 1:1 backing through two mainnet upgrades.
Against the ledger
- It ranks 40th of the 1,272 incidents with a known loss, and 9th in 2022.
- It accounts for 45.2% of the $249.9m in known losses in June 2022.
- 160 incidents in the ledger are classified as Token & Share Accounting, for $1.45bn in total. This one is 7.8% of that.
- The ledger records no returned funds.
Closest in size by the same method
| Date | Target | Lost | Type | Method | Returned |
|---|---|---|---|---|---|
| 22 May 2025 | Cetus CLMM | $223.0m | DeFi Protocol | Arithmetic Error | — |
| 13 Mar 2023 | Euler V1 | $197.0m | DeFi Protocol | Donation Attack | $240.0m |
| 29 Sept 2021 | Compound V2 | $147.0m | DeFi Protocol | Arithmetic Error | — |
| 03 Nov 2025 | Balancer V2 | $128.0m | DeFi Protocol | Rounding Error | — |
| 30 Aug 2026 | Tectonic | $124.5m | DeFi Protocol | Donation Attack | — |
All failures in 2022 · The failures ledger
Amounts are DefiLlama’s estimates and can change as incidents are revalued. Its returned figure can include money a company repaid itself, not only funds recovered from attackers. Source: DefiLlama.
Cite this Bitminer.io, “Elrond, failures ledger”, data to 2 November 2026, https://bitminer.io/ledger/incident/elrond-2022-06-05/. How this is built