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Blur Finance

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Summary

Blur Finance (ticker: BLR) was a yield aggregator DeFi protocol that operated on BNB Chain and Polygon in mid-2022. In August 2022, developers allegedly executed a textbook rug pull, withdrawing approximately $600,000 from user-deposited funds before deleting all social media channels and abandoning the project. The BLR token collapsed 99%, and the protocol's smart contracts on both chains have since been formally flagged on BscScan and PolygonScan as rug pull addresses.

Connected Entities

1 entities · 10 linked investigations
Protocols
⌂Blur Finance
Relationships
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    Have evidence about Blur Finance?

    Timeline(6 events)

    2022-07-07

    Blur Finance BLR token contract created on BNB Chain; the protocol begins operations as a yield aggregator on PancakeSwap.

    CoinDesk / CryptoSlate reporting

    2022-06-10

    Dedaub completes a smart contract security audit of Blur Finance v1.0, identifying two high-severity issues (both reported as resolved).

    Dedaub Audit Reports

    2022-08-04

    BLR token reaches its all-time high price of approximately $0.06–$0.07 on decentralized exchanges.

    IBTimes / CryptoSlate reporting

    2022-08-09

    Alleged rug pull executed: developers withdraw approximately $600,000 from Blur Finance contracts on Polygon and BNB Chain within minutes. Social media channels are deleted and the project website goes dark.

    PeckShield alert / CoinDesk

    2022-08-10

    PeckShield publicly reports the Blur Finance rug pull. BLR token collapses 99% to $0.00064. Multiple crypto news outlets cover the incident. ZachXBT comments on the case as an example of DeFi investor risk.

    CoinDesk, CryptoSlate, IBTimes, The Crypto Times

    2022-08-10

    BscScan labels the BLR token contract creator address as 'Fake_Phishing438' and both the BNB Chain and Polygon contracts are flagged as rug pull addresses.

    BscScan / PolygonScan on-chain data
    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-4-6

    generated: 5/4/2026, 2:54:48 AM

    last updated: 6/13/2026, 6:42:54 PM

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