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Lodestar V0

avoid.net/lodestar-v022/100·82% conf.
[AI-DRAFTED · AWAITING VERIFICATION][src:defillama]

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anchored·5Ktm2H…9ueu

Summary

Lodestar V0 is the original deployment of Lodestar Finance, an algorithmic money market lending protocol on Arbitrum. On December 10, 2022, the protocol suffered a critical flash loan exploit in which an attacker manipulated the plvGLP price oracle to drain approximately $6.9 million in user funds. The protocol was subsequently relaunched as Lodestar V1 in July 2023; V0 remains abandoned with negligible TVL (~$95K) and the attacker was never publicly identified.

Connected Entities

7 entities · 60 linked investigations
Relationships
  • Lodestar Financementioned withEthereum(75%)
  • Lodestar Financementioned withArbitrum(80%)
  • Lodestar V0mentioned withArbitrum(80%)
  • Lodestar V0mentioned withChainlink(65%)
  • Lodestar V0mentioned withEthereum(70%)
  • Chainlinkmentioned withEthereum(65%)
  • Avraham Eisenbergmentioned withMango Markets(80%)
  • Lodestar V0mentioned withMango Markets(80%)
  • Lodestar V0mentioned withLodestar Finance(80%)
  • Lodestar V0mentioned withAvraham Eisenberg(80%)
  • + 2 more
Have evidence about Lodestar V0?

Timeline(9 events)

8 December 2022

Attacker wallet funded with approximately 1,500 ETH in preparation for the exploit.

10 December 2022

Flash loan oracle manipulation exploit executed against Lodestar V0 on Arbitrum; approximately $6.5–6.9 million drained from the protocol.

10 December 2022

Lodestar Finance team publicly acknowledged the exploit and appealed to the attacker for a white-hat agreement via Twitter.

10 December 2022

PlutusDAO published official statement clarifying the vulnerability was in Lodestar's oracle implementation, not the plvGLP contract.

11 December 2022

CertiK published incident analysis identifying attacker wallet 0xb50f...5db13 and detailing the on-chain attack flow.

12 December 2022

Halborn published post-mortem analysis classifying the exploit as a preventable oracle vulnerability.

8 April 2023

Lodestar Finance relaunched on Arbitrum, attracting over $30 million in TVL.

27 July 2023

Lodestar V1 launched; team announced migration of incentives from V0 to V1.

October 2023

Lodestar team reported approximately one-third of hack losses repaid to affected depositors; 750,000 esLODE tokens allocated for further compensation.

Provenance & Audit Trail

Decision Log

This investigation is cryptographically anchored to the Solana blockchain (1 event). 9 of 13 cited source URLs have an Internet Archive snapshot.

model: claude-sonnet-4-6

generated: 5/4/2026, 2:54:46 AM

last updated: 8/29/2026, 1:35:46 AM

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