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DIMO

avoid.net/dimo→42/100·72% 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

1 entities
Organizations
□DIMO
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    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
    Anchored on SolanaVerify on-chain26 Wayback Archivessrc:defillama

    Decision Log

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

    full audit log →version history →

    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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