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 entitiesTimeline(11 events)
2021-01-01
DIMO founded in Brooklyn, New York by Andy Chatham, Alex Rawitz, Rob Solomon, and Yevgeny Khessin under Digital Infrastructure Inc.
2022-01-01
Digital Infrastructure Inc. raises approximately $9 million seed round from CoinFund, Variant Fund, Slow Ventures, ConsenSys Mesh, and Borderless Capital.
2022-06-01
DIMO announces it will build on Polygon and launch the $DIMO utility token.
2022-12-01
$DIMO mainnet launches on Polygon. Token airdrops begin for connected vehicle participants over the following three months.
2023-12-19
$DIMO reaches all-time high of approximately $0.766 per token.
2024-01-16
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.
2024-01-01
Sayfer completes smart contract security audit of DIMO; 14 non-critical vulnerabilities identified and reportedly resolved.
2024-12-01
DIMO announces plan to migrate the protocol from Polygon to Coinbase's Base network pending governance vote; technical migration targeted for late 2025.
2025-01-12
Insider team and investor token vesting begins: 1/36 of the 300 million allocated tokens unlocks monthly for 36 months.
2025-11-07
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.
2025-11-07
$DIMO token drops approximately 32% within 24 hours of the CertiK alert; 30-day drawdown reaches approximately 57%.
Decision Log
- hash: Mwj3tuzhdfoZiXR6Mrd7aU5h6RnD6SH4uVvphPWggUn
- hash: Fpf7z9MQrYa5ogRKCs9g5huVE2ud5v4Jn3hMoKxwUz17
- hash: 8LkUfRUeZ3xEFQQGSAszeMKxhWMfAqnm6rjtQoYGDg1c
This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.
model: claude-sonnet-4-6
generated: 5/4/2026, 2:54:14 AM
last updated: 6/9/2026, 11:35:18 PM
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