Skip to main content
AVOID.NET

Roe Finance

avoid.net/roe-finance28/100·72% conf.
[AI-DRAFTED · AWAITING VERIFICATION][src:defillama]

Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.

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

7 entities · 60 linked investigations
Relationships
  • ZachXBTmentioned withEthereum(70%)
  • Balancermentioned withPolygon(60%)
  • Balancermentioned withEthereum(70%)
  • Uniswapmentioned withEthereum(80%)
  • Chainlinkmentioned withEthereum(65%)
  • Roe Financementioned withUniswap(70%)
  • Roe Financementioned withZachXBT(70%)
  • Roe Financementioned withBalancer(70%)
  • Roe Financementioned withEthereum(80%)
  • Roe Financementioned withPolygon(60%)
  • + 2 more

Connected Through

6 shared actors · 608 investigations

Distinct actors this investigation shares with others — holders, traders, and named parties. Shared infrastructure (exchanges, pools) is excluded.

Have evidence about Roe Finance?

Timeline(5 events)

26 September 2022

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

11 January 2023

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

11 January 2023

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

12 January 2023

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

12 January 2023

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

Decision Log

This investigation is cryptographically anchored to the Solana blockchain (1 event). 7 of 10 cited source URLs have an Internet Archive snapshot.

model: claude-sonnet-4-5

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

last updated: 8/29/2026, 1:32:38 AM

4 views

avoid.net — verified advice for a post-truth world