Incident All ledgers
Inverse Finance Frontier: $15.6m
Inverse Finance Frontier lost $15.6m on 2 April 2022. Ranked 153rd of 1,272 crypto failures, with method, returned funds and comparable incidents.
- Date
- 2 April 2022
- Lost
- $15.6m
- Returned or repaid
- None recorded
- Target
- DeFi Protocol
- Category
- Oracle Manipulation
- Method
- Spot Price Manipulation
- Chains
- Ethereum
On April 2, 2022, an attacker manipulated the SushiSwap INV/ETH pool with about $3M in ETH to inflate the Keep3r price feed, then used overvalued INV collateral to borrow $15.6M in assets from Inverse Finance's Anchor market.
Against the ledger
- It ranks 153rd of the 1,272 incidents with a known loss, and 24th in 2022.
- It accounts for 6.1% of the $255.9m in known losses in April 2022.
- 159 incidents in the ledger are classified as Oracle Manipulation, for $894.1m in total. This one is 1.7% of that.
- The ledger records no returned funds.
Other incidents named Inverse
| Date | Target | Lost | Type | Method | Returned |
|---|---|---|---|---|---|
| 16 Jun 2022 | Inverse Finance Frontier | $5.8m | DeFi Protocol | Spot Price Manipulation | — |
Closest in size by the same method
| Date | Target | Lost | Type | Method | Returned |
|---|---|---|---|---|---|
| 10 Jun 2024 | UwU Lend | $20.0m | DeFi Protocol | Spot Price Manipulation | — |
| 16 Apr 2026 | Rhea Lend | $18.4m | DeFi Protocol | Spot Price Manipulation | — |
| 14 Oct 2021 | Indexed Finance | $16.0m | DeFi Protocol | Spot Price Manipulation | — |
| 28 Sept 2020 | Eminence | $15.0m | DeFi Protocol | Spot Price Manipulation | — |
| 28 Apr 2022 | DEUS Finance | $13.4m | DeFi Protocol | Spot Price Manipulation | — |
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, “Inverse Finance Frontier, failures ledger”, data to 2 November 2026, https://bitminer.io/ledger/incident/inverse-finance-frontier-2022-04-02/. How this is built