Polycule
Last changed 2026-10-28 · Fact-check review — Fact-check review (verdict: revise): the reviewer checked the page's claims against its sources; the trust score did not change. Version history →
Why this score
| Every page starts at | 65 |
| The subject's own conduct | -8 |
| Concerns that are not fraud | -6.4 |
| Incidents it suffered (e.g. hacks) | -3.2 |
| Problems around it, caused by others | -2.4 |
| Sum | 45 |
Score: 45/100 (kept between 0 and 100)
How scoring works →Page reliability: Fact-checked 2026-10-28 · 5 of 8 claims confirmed · 2 need better sources · 1 disputed
anchored·3ofXFE…fa9dSummary
Polycule (ticker: PCULE) is a Telegram-based trading bot built for the Polymarket prediction market platform, operating on Solana and Polygon. Launched in May 2025 by a founder identified as 'krish' and backed by a $560,000 seed from AllianceDAO, the project gained significant traction before its bot was compromised in January 2026, resulting in approximately $230,000 in user funds stolen. Extended team silence following the incident generated widespread rug pull allegations, and ZachXBT has flagged the entity in connection with these concerns.
Connected Entities
7 entities · 60 linked investigations- Polycule→mentioned with→Phemex(70%)
- Polycule→mentioned with→Polygon(80%)
- Polycule→mentioned with→Solana(80%)
- Polycule→mentioned with→Meteora(65%)
- Polycule→mentioned with→ZachXBT(70%)
- Meteora→mentioned with→Solana(80%)
- Polygon→mentioned with→Solana(60%)
- Phemex→mentioned with→Solana(60%)
- Phemex→mentioned with→ZachXBT(70%)
- Phemex→mentioned with→Polygon(60%)
- + 1 more
Timeline(7 events)
18 May 2025
Polycule founder 'krish' launches the PCULE token on Solana via the Bellive platform; market cap reaches approximately $15 million USD at peak.
8 June 2025
Polycule announces a $560,000 seed investment from AllianceDAO, disclosed publicly on X by founder krish.
October 2025
Polycule founder krish announces the launch of PMX, a permissionless prediction market platform built in partnership with Meteora. PCULE token is rebranded as PMX; token surges 43.97% within 24 hours to a $22.8 million market cap.
7 January 2026
Polycule team announces a security breach affecting approximately $230,000 in user funds; bot is taken offline. Team promises patches, a security audit, and user reimbursement via Polygon treasury 'before the weekend.'
8 January 2026
KuCoin News and multiple crypto outlets report the hack. PMX Trade posts on X confirming the vulnerability and reimbursement commitment.
12 January 2026
Team's self-imposed deadline passes with no updates, no audit report, and no reimbursements. User withdrawals remain frozen. Competitor Ryan Chi of Insiders.bot publicly declares the situation a confirmed rug pull on X.
13 January 2026
Crypto media (MEXC News, Phemex, WEEX, Cryptorank) cover the developing rug pull accusations. Team remains silent. ZachXBT flagged in connection with the entity.
Decision Log
- slot 462280654 · hash 6v2D7yN3tVXwaEBgfamYWjrNgW8mq32P1HxGqie2zUip
- slot 462280650 · hash fW22kkTgy6bnWWr3WZTnDNNDLpmKqp8HzdF9wgmFXF3
- slot 461964723 · hash 9AcMf36KWvq6d5gJi9gm3KeHK3b988TcG9GH5EH2ZKg2
- slot 422848492 · hash 5NdSQZ83sTW9ALcofVSGdWuoK9zfMDg2YvpEjU66S1BV
This investigation is cryptographically anchored to the Solana blockchain (4 decisions). 21 of 25 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 5/4/2026, 2:54:14 AM
last updated: 10/28/2026, 12:53:50 AM
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