Sentiment oracle manipulation on 2023-04-04 ($1.1M reported)

Oracle manipulation on Arbitrum, 4 Apr 2023. Reported loss $1.1M. Last verified 4 Nov 2026.

notable
Reported loss
$1.1M
as reported by the sources
Recovered
$873K
as reported
Status
Partially recovered
updated 26 Oct 2026
Date
Arbitrum

Summary

On 2023-04-04 an attacker manipulated the oracle price of a Balancer LP token to borrow against inflated collateral on the Arbitrum lending protocol Sentiment, leaving about $1,092,191.98 of bad debt; after negotiations the exploiter returned 90% of the funds (465.75 ETH), according to the team's recovery plan.

Protocol
Sentiment
Type
Oracle manipulation
Reported loss
$1,092,192 · as stated: approximately $1,092,191.98 of bad debt source: hackmd.io ↗
Recovered
$872,725 · as stated: 465.75 ETH
curated history · updated 2026-10-26 15:28 UTC

Facts and where they come from

Approved facts and their primary sources
FactValueSource
DateApr 4, 2023hackmd.io ↗
Causemanipulated oracle pricing for a Balancer LP tokenhackmd.io ↗
Amount (USD)approximately $1,092,191.98 of bad debthackmd.io ↗
ChainArbitrumhackmd.io ↗
Recovered90% of the funds, 465.75 ETHhackmd.io ↗
Recovered (USD)$872,724.60hackmd.io ↗

Primary sources

Our own summary of facts published by the sources above. We do not attribute fault beyond them. Amounts are as the sources state them (no USD conversion by us); links and quoted figures last checked 2026-11-04.

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