ChainBleedv0.1 · open intel
← back to feed·RUG2025-08-04 · 10mo ago
Incident · SLOWMIST

Credix

Rug Pull
Estimated loss
$4.50M
VERDICT —UNRATED
Verdict pending. Auto-ingested incidents are reviewed before a public verdict is rendered.
▰ METHOD
RUG
RUGBYTECODE CATCHABLEAI SCANNABLE
Root cause

Root-cause analysis not yet published. The incident description below contains all currently available signal — review the attack transaction directly for definitive forensics.

Forensic narrative

The decentralized lending protocol Credix suffered an exploit, losing approximately $4.5 million. The attacker gained control of an admin wallet, minted tokens, and drained liquidity pools. After the incident, Credix claimed it had reached a settlement with the attacker, who agreed to return the funds on the condition that “a certain amount would be fully paid by the Credix treasury.” However, Credix did not disclose how much was actually paid. Shortly after this announcement, Credix deleted its social media accounts and the team disappeared, sparking speculation that the so-called “hack” may in fact have been a rug pull orchestrated by insiders. To date, the promised reimbursements have not been fulfilled. Attack method (per SlowMist): Rug Pull. Reported loss: $ 4,500,000.

Primary source
https://www.web3isgoinggreat.com/?id=credix-exploit
Sourced from
slowmist
Technical record
chain
protocol
Credix
bug_class
rug
date_occurred
2025-08-04
loss_usd
$4,500,000
source_id
sm:credix::2025-08-04
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