Lodestar V0
Last changed 2026-10-10 · Score recalculated — Rescored under Scoring v2, the published formula (avoid.net/scoring): 22 → 50. Problems weighed by who is responsible: incidents the subject suffered −9.6, concerns that are not fraud −3.2, problems around the subject, caused by others −2.4; no longer operating, so capped at 50. Version history →
Why this score
| Every page starts at | 65 |
| Concerns that are not fraud | -3.2 |
| Incidents it suffered (e.g. hacks) | -9.6 |
| Problems around it, caused by others | -2.4 |
| Sum | 50 |
- No longer operating, so capped at 50.
Score: 50/100 (kept between 0 and 100)
How scoring works →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- Lodestar Finance→mentioned with→Ethereum(75%)
- Lodestar Finance→mentioned with→Arbitrum(80%)
- Lodestar V0→mentioned with→Arbitrum(80%)
- Lodestar V0→mentioned with→Chainlink(65%)
- Lodestar V0→mentioned with→Ethereum(70%)
- Chainlink→mentioned with→Ethereum(65%)
- Avraham Eisenberg→mentioned with→Mango Markets(80%)
- Lodestar V0→mentioned with→Mango Markets(80%)
- Lodestar V0→mentioned with→Lodestar Finance(80%)
- Lodestar V0→mentioned with→Avraham Eisenberg(80%)
- + 2 more
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.
Decision Log
- slot 455360310 · hash 3TertrMf5kbsuRmkcDau1Zib9cLdcibXWJHTa8ieJbGU
- slot 422743546 · hash 9r5bueA5tFfRpMPo2j2jeFWhhCXKzcNdaHEbXNaqYEjR
This investigation is cryptographically anchored to the Solana blockchain (2 decisions). 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: 10/10/2026, 6:41:21 PM
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