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mySwap Starknet CL Protocol

avoid.net/myswap-starknet-cl-protocol12/100·72% conf.
[AI-DRAFTED · AWAITING VERIFICATION]

Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.

anchored·2R2QC2…nzET

Summary

mySwap is the first automated market maker deployed on Starknet, operating a concentrated liquidity (CL) protocol that reached a peak TVL of approximately $9.7 million in April 2024 before declining sharply to near-zero by early 2025. On June 19, 2026, an attacker exploited a shared-vault accounting vulnerability in the dormant CL protocol by deploying a fake token named EVIL, draining approximately $305,000 in residual LP assets. The stolen funds were bridged cross-chain and routed through Railgun; no recovery has been confirmed and the attacker remains unidentified.

Connected Entities

4 entities · 36 linked investigations
Organizations
Protocols
mySwap CL Protocol (Starknet)22mySwap Starknet CL Protocol
Relationships
  • Starknetmentioned withRailgun(65%)
  • mySwap CL Protocol (Starknet)mentioned withRailgun(70%)
  • mySwap Starknet CL Protocolmentioned withStarknet(80%)
  • mySwap Starknet CL Protocolmentioned withRailgun(70%)
  • mySwap CL Protocol (Starknet)mentioned withStarknet(80%)
  • mySwap Starknet CL Protocolmentioned withmySwap CL Protocol (Starknet)(80%)
  • Railgunmentioned withStarknet(60%)
Have evidence about mySwap Starknet CL Protocol?

Timeline(6 events)

January 2022

mySwap launches on Starknet as the first AMM on the network.

mySwap on X (formerly Twitter) account creation and Starknet ecosystem records

April 2024

mySwap CL reaches peak TVL of approximately $9.7 million according to DefiLlama.

DefiLlama - mySwap CL

July 2024

TVL begins sustained decline from $9.7M peak, falling to low single-digit millions and continuing downward through 2024.

DefiLlama - mySwap CL

January 2025

mySwap CL TVL reaches approximately $5,000, a decline of over 99.9% from peak. Protocol is effectively dormant, with no new deposits accepted.

DefiLlama - mySwap CL

19 June 2026

At approximately 7:15 AM UTC, an attacker deploys a fake EVIL token and exploits a shared-vault accounting vulnerability in mySwap CL, draining 137.96 ETH, 45,000 USDC, 19,900 USDT, and 230,000 STRK — totaling approximately $305,000. Stolen assets are subsequently bridged cross-chain and routed through Railgun.

CryptoAdventure - mySwap Loses $305K On Starknet

20 June 2026

mySwap confirms the incident and states it is assessing the full impact. No post-mortem or recovery plan published as of this date.

Phemex News - Starknet's mySwap Protocol Exploited
Provenance & Audit Trail

Decision Log

This investigation is cryptographically anchored to the Solana blockchain (1 event). 6 of 6 cited source URLs have an Internet Archive snapshot.

model: claude-sonnet-4-6

generated: 6/24/2026, 11:06:08 PM

last updated: 7/27/2026, 10:56:28 AM

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