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DIMO

avoid.net/dimo42/100·72% conf.
[AI-DRAFTED · AWAITING VERIFICATION][src:defillama]

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anchored·4bkyse…QszX

Summary

DIMO (Decentralized Infrastructure for Mobility Operations) is a Web3 vehicle data protocol built on Polygon and later migrating to Base, developed by Digital Infrastructure Inc. The protocol allows drivers to connect their vehicles, stream data, and earn $DIMO tokens in exchange. In November 2025, a sophisticated attacker compromised a developer key and withdrew approximately 30 million DIMO tokens (3% of total supply) from a Wormhole bridge contract, causing a price drop of over 57% in 30 days and triggering a CertiK security alert. The project has legitimate venture backing and a publicly identified founding team, but the security incident, centralized key management failure, and ongoing token unlock pressure are material risk factors.

Connected Entities

8 entities · 60 linked investigations
Relationships
  • Ethereummentioned withCoinbase(60%)
  • ZachXBTmentioned withEthereum(70%)
  • Coinbasementioned withBase(70%)
  • Coinbasementioned withZachXBT(70%)
  • DIMOmentioned withWormhole Bridge(80%)
  • Wormholementioned withWormhole Bridge(80%)
  • Wormholementioned withPolygon(70%)
  • Wormholementioned withCoinbase(65%)
  • Wormholementioned withEthereum(70%)
  • Polygonmentioned withEthereum(70%)
  • + 11 more

Connected Through

7 shared actors · 622 investigations

Distinct actors this investigation shares with others — holders, traders, and named parties. Shared infrastructure (exchanges, pools) is excluded.

Have evidence about DIMO?

Timeline(11 events)

2021

DIMO founded in Brooklyn, New York by Andy Chatham, Alex Rawitz, Rob Solomon, and Yevgeny Khessin under Digital Infrastructure Inc.

2022

Digital Infrastructure Inc. raises approximately $9 million seed round from CoinFund, Variant Fund, Slow Ventures, ConsenSys Mesh, and Borderless Capital.

June 2022

DIMO announces it will build on Polygon and launch the $DIMO utility token.

December 2022

$DIMO mainnet launches on Polygon. Token airdrops begin for connected vehicle participants over the following three months.

19 December 2023

$DIMO reaches all-time high of approximately $0.766 per token.

16 January 2024

Digital Infrastructure Inc. closes $11.5 million Series A led by CoinFund; CoinFund CIO Alex Felix joins the board. Total funding reaches approximately $22 million.

2024

Sayfer completes smart contract security audit of DIMO; 14 non-critical vulnerabilities identified and reportedly resolved.

December 2024

DIMO announces plan to migrate the protocol from Polygon to Coinbase's Base network pending governance vote; technical migration targeted for late 2025.

12 January 2025

Insider team and investor token vesting begins: 1/36 of the 300 million allocated tokens unlocks monthly for 36 months.

7 November 2025

Sophisticated attacker compromises a developer key and withdraws approximately 30 million $DIMO tokens (3% of supply) from a Wormhole bridge contract; tokens sold for approximately $40,000. CertiK flags the activity publicly. DIMO team revokes keys, reverts proxy upgrade, and transfers contract ownership to multi-signature wallet within approximately one hour.

7 November 2025

$DIMO token drops approximately 32% within 24 hours of the CertiK alert; 30-day drawdown reaches approximately 57%.

Provenance & Audit Trail

Decision Log

This investigation is cryptographically anchored to the Solana blockchain (3 events). 26 of 33 cited source URLs have an Internet Archive snapshot.

model: claude-sonnet-4-6

generated: 5/4/2026, 2:54:14 AM

last updated: 8/30/2026, 12:04:59 PM

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