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Roe Finance

avoid.net/roe-finance→28/100·72% conf.
[AI-DRAFTED · AWAITING VERIFICATION][src:defillama]
anchored·wikC7s…7utW

Summary

Roe Finance is a decentralized lending protocol built on Ethereum that allows Uniswap v2 liquidity providers to lend LP tokens for additional yield. On January 11, 2023, the protocol suffered a flash loan-driven price oracle manipulation exploit that drained approximately $80,000 from its pools, with the majority of profits captured by a front-running MEV bot rather than the original attacker. The protocol issued no official post-mortem or public response to the incident, raising concerns about transparency and operational accountability.

Connected Entities

1 entities · 10 linked investigations
Protocols
⌂Roe Finance
Relationships
    Also appears in
    Saga EVM Blockchain·32Gamma Strategies·28Alephium Bridge·18Bunni Protocol·28BitGrail·2Lulo·55Thorchain DEX·28Access Protocol·47Orca·80Zircon Gamma·32
    Have evidence about Roe Finance?

    Timeline(5 events)

    2022-09-26

    Roe Finance publishes its founding Medium article 'Solving the Uni Return Gap,' describing the protocol's LP token lending model and noting collaboration with QCP Capital.

    Roe Finance Medium

    2023-01-11

    Roe Finance is exploited on Ethereum mainnet via a flash loan and spot oracle manipulation attack. An attacker borrows 5.76 million USDC from Balancer, inflates UNI-v2 collateral pricing using sync(), and drains approximately $80,000. The attacker's transaction is front-run by a MEV bot which captures roughly $78,190 of the proceeds.

    QuillAudits — Decoding ROE Finance's Flash Loan Exploit

    2023-01-11

    Attacker converts remaining assets to DAI and moves funds to a secondary wallet (0xE2Ba15be8C6Fb0d7C1F7bEA9106eb8232248FB8B), labeled 'RoeFinance Exploiter 2' by on-chain analysts.

    QuillAudits — Decoding ROE Finance's Flash Loan Exploit

    2023-01-12

    Security firms QuillAudits and Neptune Mutual publish independent analyses of the Roe Finance exploit, documenting attacker addresses, fund flows, and root cause.

    Neptune Mutual — Taking A Closer Look at Roe Finance Exploit

    2023-01-12

    Roe Finance issues no official post-mortem or public statement acknowledging the exploit, according to third-party security researchers.

    Neptune Mutual — Taking A Closer Look at Roe Finance Exploit
    Provenance & Audit Trail
    Anchored on SolanaVerify on-chainsrc:defillama

    Decision Log

    This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.

    full audit log →version history →

    model: claude-sonnet-4-5

    generated: 5/4/2026, 2:54:45 AM

    last updated: 5/30/2026, 12:11:29 PM

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