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Ambient Finance

avoid.net/ambient→42/100·72% 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·5JPt5g…jJ1A

Summary

Ambient Finance (formerly CrocSwap, operated by Crocodile Labs) is a decentralized exchange protocol that runs an entire DEX inside a single smart contract, combining concentrated and ambient liquidity on Ethereum and several L2 networks. On October 17, 2024, the protocol's frontend suffered a DNS hijacking attack deploying Inferno Drainer malware to drain wallets of users who interacted with the compromised site; the underlying smart contracts were unaffected and the team reimbursed all affected users in ETH. ZachXBT has flagged this entity.

Connected Entities

7 entities · 60 linked investigations
Organizations
□Ethereum64□Ambient□Inferno Drainer0□ZachXBT82□Scroll58
Protocols
⌂Uniswap58⌂Ambient Finance48
Relationships
  • ZachXBT→mentioned with→Ethereum(70%)
  • Scroll→mentioned with→Ethereum(80%)
  • Uniswap→mentioned with→Ethereum(80%)
  • Inferno Drainer→mentioned with→Ethereum(70%)
  • Inferno Drainer→mentioned with→ZachXBT(65%)
  • Ambient→mentioned with→Scroll(65%)
  • Ambient→mentioned with→Uniswap(65%)
  • Ambient→mentioned with→ZachXBT(70%)
  • Ambient→mentioned with→Ethereum(80%)
  • Ambient Finance→mentioned with→Inferno Drainer(80%)
  • + 3 more
Also appears in
Ambient Finance·48Ethereum·64Lendf.me·30Levyathan·18Jump Trading·42OpenZeppelin AI Exploit Threat Vector·15StableMagnet·2Shibarium·28Dean Daghita / CMDSS (Command Services and Support)·0Bankr·18+ 50 more
Have evidence about Ambient Finance?
0
Accepted
1
Under review
0
Rejected / revoked

Community submissions

Timeline(6 events)

2021

Crocodile Labs founded by Douglas Colkitt; CrocSwap development begins.

11 July 2023

Ambient Finance raises $6.5M seed round led by BlockTower Capital; Ethereum mainnet launch.

17 October 2024

DNS hijacking attack compromises ambient.finance frontend; Inferno Drainer malware deployed.

17 October 2024

Ambient confirms smart contracts unaffected; warns users not to interact with site.

20 October 2024

Original ambient.finance domain fully restored and secured.

26 October 2024

Full reimbursement in ETH completed for all affected users.

Provenance & Audit Trail
Anchored on SolanaVerify on-chain10 Wayback Archivessrc:defillama

Decision Log

This investigation is cryptographically anchored to the Solana blockchain (5 events). 10 of 11 cited source URLs have an Internet Archive snapshot.

Fact-checked 2026-09-0727 claims checked2 corrections pending0 applied⛓ anchoredSee findings →
full audit log →version history →

model: claude-sonnet-4-5

generated: 5/4/2026, 2:54:28 AM

last updated: 8/30/2026, 5:14:05 AM

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