BTC—ETH—

Incident All ledgers

Team Finance: $15.8m

Team Finance lost $15.8m on 27 October 2022. Ranked 152nd of 1,272 crypto failures, with method, returned funds and comparable incidents.

Date
27 October 2022
Lost
$15.8m
Returned or repaid
None recorded
Target
DeFi Protocol
Category
Input Validation
Method
Missing Input Validation
Chains
Ethereum

On 27 October 2022, an attacker exploited Team Finance's unvalidated Uniswap v2-to-v3 migrate function to shift other users' locked liquidity into an attacker-controlled pair at a skewed price. Four projects lost about $15.8M; the attacker spent $2,700.

Against the ledger

Closest in size by the same method

DateTargetLostTypeMethodReturned
15 Nov 2024ThalaSwap$25.5mDeFi ProtocolMissing Input Validation—
22 Nov 2020Pickle$19.7mDeFi ProtocolMissing Input Validation—
28 Mar 2024PrismaLST$11.6mDeFi ProtocolMissing Input Validation—
21 Jul 2026Wanchain$10.0mChainSignature Verification Flaw—
08 Feb 2022Superfluid$8.7mDeFi ProtocolMissing Input Validation—

On Bitminer.io

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, “Team Finance, failures ledger”, data to 2 November 2026, https://bitminer.io/ledger/incident/team-finance-2022-10-27/. How this is built