Summary
OcelotDex is a decentralized exchange (DEX) operating as an automated market maker (AMM) on ZetaChain, a cross-chain interoperability blockchain. The protocol has an extremely low total value locked of approximately $4.57 as of mid-2026, indicating near-total user abandonment. A security incident reportedly resulting in approximately $4.9 million in losses via an infinite mint and dump vulnerability was attributed to the protocol in September 2024, though independent Tier 1 or Tier 2 confirmation of this specific event remains limited.
Connected Entities
1 entitiesTimeline(6 events)
2024-01-01
OcelotDex launches as an AMM DEX on ZetaChain mainnet (approximate; exact launch date not independently confirmed from available public sources).
2024-02-01
ZetaChain 1.0 goes live on mainnet, providing the foundational blockchain infrastructure on which OcelotDex operates.
2024-09-20
OcelotDex allegedly suffers an 'Infinite Mint and Dump' exploit resulting in approximately $4.9 million in losses, per DefiLlama protocol data. This claim is not independently confirmed by major crypto news outlets as of the date of this investigation.
2025-02-01
ZachXBT joins Paradigm as incident response advisor; ZachXBT flag on OcelotDex noted (specific date of flag not publicly documented).
2026-04-26
ZetaChain's GatewayEVM contract is exploited for approximately $333,868 in a separate incident unrelated to OcelotDex but reflecting continued cross-chain security risks on the host blockchain.
2026-05-26
OcelotDex TVL stands at approximately $4.57 on DefiLlama, indicating near-total liquidity abandonment.
Decision Log
- hash: 5uaoF7bc7HiGqR3SNa4kPZr2WQTq4mnSanWDfFmQ8d24
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, 2:54:29 AM
last updated: 5/27/2026, 2:44:45 AM
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