CrediX Finance
Last changed 2026-11-04 · Fact-check review — Fact-check review (verdict: revise): the reviewer checked the page's claims against its sources; the trust score did not change. Version history →
Why this score
| Every page starts at | 65 |
| The subject's own conduct | -73 |
| Sum | -8 |
- The page establishes that the subject is itself a scheme, so the score is 0.
- 1 section set aside: the claims did not hold up in a fact-check, pending correction.
Score: 0/100 (kept between 0 and 100)
How scoring works →Page reliability: Fact-checked 2026-11-04 · 3 of 5 claims confirmed · 2 need better sources
anchored·5KUU4h…kf3XSummary
CrediX Finance was a DeFi lending protocol launched in July 2025 on the Sonic blockchain that suffered a $4.5 million exploit on August 4, 2025, less than one month after launch. The exploit involved a compromised or insider-controlled admin wallet that minted unbacked synthetic tokens to drain liquidity pools; the team subsequently vanished, deleted all official channels, and failed to honor public recovery promises, prompting widespread allegations of a premeditated exit scam. Note: CrediX Finance (Sonic, 2025) is a distinct entity from Credix Finance (Solana, founded 2021), which is a separate legitimate RWA protocol.
Connected Entities
6 entities · 60 linked investigations- ZachXBT→mentioned with→Ethereum(70%)
- Euler Finance→mentioned with→Ethereum(80%)
- CrediX Finance→mentioned with→Euler Finance(80%)
- CrediX Finance→mentioned with→Ethereum(70%)
- CrediX Finance→mentioned with→ZachXBT(70%)
- CrediX Finance→mentioned with→Solana(80%)
- Solana→mentioned with→Ethereum(60%)
Timeline(8 events)
July 2025
CrediX Finance launches on the Sonic blockchain as a DeFi lending protocol, less than one month before the exploit.
29 July 2025
Attacker granted POOL_ADMIN_ROLE, BRIDGE_ROLE, ASSET_LISTING_ADMIN_ROLE, EMERGENCY_ADMIN_ROLE, and RISK_ADMIN_ROLE via the ACLManager contract by a CrediX admin EOA (0x0dd010513F7abB8F9c628dC164a24D953BCA09Cf). Transaction hash: 0x0cc3520951a2b41281dcc9a0d37ef3f7f139b75675d83ae72e3b8e903334f35e.
4 August 2025
Exploit executed at approximately 09:10 UTC. Attacker mints 2,500,000 unbacked acUSDC and 3,250,000 unbacked acscUSD, uses them as collateral to drain $4.5M in user funds. Protocol taken offline. Stolen assets bridged from Sonic to Ethereum via deBridge.
4 August 2025
CrediX Finance posts statement on X claiming 'All users funds will be recovered in full within 24-48 hours' and alleges a negotiated return deal with the exploiter.
5 August 2025
CertiK confirms stolen assets distributed across three Ethereum wallets. Approximately half (300 ETH) subsequently routed through Tornado Cash.
8 August 2025
CrediX Finance team goes completely dark. Website remains offline, X account deactivated, Telegram channel deleted, Discord shut down. No fund recovery occurs. CertiK publicly reports the disappearance.
8 August 2025
Stability DAO announces it is filing a formal legal report with cybercrime authorities, confirms KYC data for two CrediX team members has been obtained and will be submitted to law enforcement.
9 August 2025
Multiple affected protocols — Sonic Labs, Euler, Beets, Trevee — join Stability DAO's coordinated legal and recovery effort. Trevee reduces its CrediX exposure from $1.6M to approximately $700K.
Decision Log
- slot 465111702 · hash 9AZyHkPvTP5bpd5MsJ78dXqUoPgJQ6jkeGs4aMDUzCz3
- slot 465111697 · hash WLHbLoQovkYPM7fGydjUtec8gw3hk8gSDpWgu9fkMnn
- slot 461962389 · hash 7SNScZEZaN8L6viFxCB8q1UrdDhG5Tn8HAiYdPiXqVEk
- slot 422351456 · hash Eaiebf2hRiKespu6r5uRXaMnbgssER7z1MaC48SDP71G
This investigation is cryptographically anchored to the Solana blockchain (4 decisions). 17 of 17 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 5/4/2026, 2:54:19 AM
last updated: 11/4/2026, 1:09:14 AM
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