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CrediX Finance

avoid.net/credix→4/100·87% 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·5KUU4h…kf3X

Summary

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
Organizations
□Ethereum64□CrediX□Solana□ZachXBT
Protocols
⌂CrediX Finance⌂Euler Finance
Relationships
  • 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%)
Also appears in
Aperture LM·28Trenton Richard Johnston·2Crossmint·70Hedera·55Bedrock Protocol·41CrediX Protocol Exit Scam·0BNB Chain Bridge·16Nobitex June 2025 Hack (Predatory Sparrow)·10Robinhood Crypto·54KelpDAO / LayerZero Bridge Exploit (April 2026) — DPRK Lazarus·0+ 50 more
Have evidence about CrediX Finance?

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.

Provenance & Audit Trail
Anchored on SolanaVerify on-chain17 Wayback Archivessrc:defillama

Decision Log

This investigation is cryptographically anchored to the Solana blockchain (1 event). 17 of 17 cited source URLs have an Internet Archive snapshot.

full audit log →version history →

model: claude-sonnet-4-6

generated: 5/4/2026, 2:54:19 AM

last updated: 9/15/2026, 5:10:50 PM

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