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anchored·2FsFRm…ob1mSummary
Kalax (ticker: KALA) was a non-custodial yield aggregator deployed on the Blast and Scroll blockchains in 2024 that marketed itself as an auto-compounding protocol for DEXs and lending markets. Despite commissioning a Beosin security audit and publishing promotional security guarantees, the project's founders are alleged to have executed an exit scam on October 14, 2024, abandoning the protocol and deleting all official social media accounts after draining user funds from protocol vaults. The kalax.io domain subsequently redirected to an unrelated gambling site, with no team communications issued to affected depositors.
Connected Entities
6 entities · 60 linked investigations- RiskOnBlast→mentioned with→Blast(70%)
- RiskOnBlast→mentioned with→Scroll(60%)
- RiskOnBlast→mentioned with→Coinbase(65%)
- Ethereum→mentioned with→Coinbase(60%)
- Kalax→mentioned with→Blast(70%)
- Kalax→mentioned with→Coinbase(65%)
- Kalax→mentioned with→RiskOnBlast(65%)
- Kalax→mentioned with→Scroll(70%)
- Kalax→mentioned with→Ethereum(75%)
- Scroll→mentioned with→Ethereum(80%)
- + 3 more
Timeline(8 events)
26 February 2024
Blast Layer 2 launches publicly and experiences its first major rug pull (RiskOnBlast), establishing the ecosystem's vulnerability to anonymous-team exit scams.
May 2024
Kalax launches as a yield aggregator on Blast, marketing auto-compounding vaults and APYs of 100-1000%.
21 May 2024
Beosin Security completes a smart contract audit of Kalax (report dated 202405211051).
June 2024
Kalax publishes 'Kalax: A Solid Choice for Fund Security' on Medium, promoting the Beosin audit and brake mechanism as evidence of protocol safety.
15 June 2024
Blast ecosystem promotional accounts identify Kalax as the project with the largest TVL percentage increase that week, driving additional retail depositors.
July 2024
Kalax launches an Ambassador Program, incentivizing community members to promote the protocol on social media in exchange for rewards.
14 October 2024
Kalax founders allegedly execute an exit scam, draining user funds from protocol vaults. The @Kalax_io X account is subsequently deleted and the kalax.io website becomes inaccessible.
15 October 2024
Post-incident, the kalax.io domain redirects to an unrelated gambling site. No team communication or compensation is offered.
Decision Log
- hash: 4f8wm5PZK8Qraqij8GvuEwXyb2eJgk5A81GFW6dkserN
This investigation is cryptographically anchored to the Solana blockchain (1 event). 8 of 15 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 5/4/2026, 2:54:23 AM
last updated: 8/29/2026, 11:26:12 PM
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