Incident All ledgers
Nomad: $190.0m
Nomad lost $190.0m on 1 August 2022. Ranked 24th of 1,272 crypto failures, with method, returned funds and comparable incidents.
- Date
- 1 August 2022
- Lost
- $190.0m
- Returned or repaid
- None recorded
- Target
- DeFi Protocol
- Category
- Bridge & Cross-Chain
- Method
- Forged Proof
- Chains
- Ethereum
Nomad's bridge was drained of about $190M on August 1, 2022, after an initialization error set the trusted root to 0x00, letting its Replica contract treat any message as valid; over 300 copycat attackers joined in.
Against the ledger
- It ranks 24th of the 1,272 incidents with a known loss, and 5th in 2022.
- It accounts for 92.0% of the $206.5m in known losses in August 2022.
- 56 incidents in the ledger are classified as Bridge & Cross-Chain, for $1.53bn in total. This one is 12.4% of that.
- The ledger records no returned funds.
Closest in size by the same method
| Date | Target | Lost | Type | Method | Returned |
|---|---|---|---|---|---|
| 06 Oct 2022 | Binance Bridge | $570.0m | DeFi Protocol | Proof Verifier Bug | — |
| 06 Sept 2026 | Liquid Network | $320.0m | Chain | Unbacked Cross-Chain Mint | — |
| 18 Apr 2026 | Kelp | $293.0m | DeFi Protocol | Cross-Chain Message Spoofing | — |
| 16 May 2018 | Bitcoin Gold | $18.0m | Chain | Forged Proof | — |
| 04 Oct 2021 | pNetwork | $13.0m | DeFi Protocol | Spoofed Event Log | — |
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, “Nomad, failures ledger”, data to 2 November 2026, https://bitminer.io/ledger/incident/nomad-2022-08-01/. How this is built