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
- It ranks 152nd of the 1,272 incidents with a known loss, and 23rd in 2022.
- It accounts for 2.1% of the $750.9m in known losses in October 2022.
- 66 incidents in the ledger are classified as Input Validation, for $755.5m in total. This one is 2.1% of that.
- The ledger records no returned funds.
Closest in size by the same method
| Date | Target | Lost | Type | Method | Returned |
|---|---|---|---|---|---|
| 15 Nov 2024 | ThalaSwap | $25.5m | DeFi Protocol | Missing Input Validation | — |
| 22 Nov 2020 | Pickle | $19.7m | DeFi Protocol | Missing Input Validation | — |
| 28 Mar 2024 | PrismaLST | $11.6m | DeFi Protocol | Missing Input Validation | — |
| 21 Jul 2026 | Wanchain | $10.0m | Chain | Signature Verification Flaw | — |
| 08 Feb 2022 | Superfluid | $8.7m | DeFi Protocol | Missing 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