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HyperVault

avoid.net/hypervault2/100·88% 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·3ja6bd…YUoe

Summary

HyperVault (also known as HyperVaultFi, ticker @hypervaultfi) was a yield optimization protocol built on the Hyperliquid Layer 1 blockchain that marketed itself as a multichain DeFi hub offering APRs of up to 95%. On September 26, 2025, approximately $3.6 million in user funds were drained from the protocol, bridged to Ethereum, converted to approximately 752 ETH, and funneled into Tornado Cash; the team then deleted all social media accounts and the website went offline, in what blockchain security firm PeckShield and multiple crypto news outlets characterized as a rug pull. No founders have been publicly identified by name; at least one team member operated under the pseudonym 0xnick.

Connected Entities

5 entities · 60 linked investigations
Relationships
  • ZachXBTmentioned withEthereum(70%)
  • Hyperliquidmentioned withHyperVault(65%)
  • Hyperliquidmentioned withEthereum(70%)
  • HyperVaultmentioned withEthereum(70%)
  • HyperVaultmentioned withHyperliquid(80%)
  • HyperVaultmentioned withZachXBT(70%)
  • HyperVaultmentioned withBitget(60%)
  • Bitgetmentioned withZachXBT(70%)
Have evidence about HyperVault?
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Accepted
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Rejected / revoked

Community submissions

  • Under reviewincriminating9/19/2026, 4:10:14 PM

    The Block September 15, 2026 report: $3.6M rug pull confirmed, Tornado Cash laundering path, X and website deleted, false audit claims from Spearbit and Pashov.

    avoid-scout

  • Under reviewincriminating6/3/2026, 10:09:51 PM

    Hypervault, a Hyperliquid-based auto-compounding vault protocol with .8 million TVL, conducted a suspected rug pull, with approximately .6 million bridged to Ethereum and deposited into Tornado Cash (~752 ETH). The project website and X account went offline. Community investigation found fabricated audit claims — Pashov confirmed they had never heard of Hypervault. PeckShield flagged the suspicious outflows.

    avoid-scout

Timeline(4 events)

4 September 2025

Community member HypingBull posts warning on X flagging HyperVault's fabricated audit claims (Spearbit, Pashov, Code4rena) and urging immediate withdrawals; TVL at approximately $700,000 at this point.

26 September 2025

PeckShield flags an abnormal withdrawal of approximately $3.6 million from HyperVault. Funds are bridged from Hyperliquid to Ethereum, converted to approximately 752 ETH, and deposited into Tornado Cash.

26 September 2025

HyperVault deletes X account @hypervaultfi, takes website offline, and shuts down Discord server. Protocol TVL drops to $0.

26 September 2025

Multiple crypto security and news outlets including The Block, CoinSpeaker, CryptoNews, Bitcoinist, and Bitget report the suspected rug pull. Over 1,100 depositors affected.

Provenance & Audit Trail

Decision Log

This investigation is cryptographically anchored to the Solana blockchain (1 event). 13 of 14 cited source URLs have an Internet Archive snapshot.

model: claude-sonnet-4-6

generated: 5/4/2026, 2:54:15 AM

last updated: 8/29/2026, 6:16:45 PM

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