How Curve Lost $351.6M—and What It Means for DeFi Users

The most authoritative public post-mortem of the Curve Finance exploit, published by Rekt on July 30, 2023, records verified losses of $69.3 million across four drained liquidity pools, not the $351.6 million figure that has circulated in some summaries. That discrepancy matters: no single authoritative source, on-chain analysis, or official Curve disclosure was located to substantiate the larger number, and presenting it as settled fact misrepresents the documented scope of one of DeFi’s most consequential infrastructure failures.