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AVOID.NET

Portal

avoid.net/portal28/100·55% 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·3wXcMz…ZesV

Summary

Portal (PORTAL) is a Web3 gaming platform and cross-chain token project that launched on Binance Launchpool on February 29, 2024, reaching an all-time high of approximately $4.41 before collapsing over 99% to below $0.01 by late 2025. The project has been flagged due to concerns including extreme token holder concentration, a low audited code coverage percentage, a pre-seed investor price roughly 30x below the listing price creating immediate sell pressure, active phishing and wallet-drainer campaigns impersonating the project, and a partially anonymous founding team. No formal regulatory action by the SEC, CFTC, or DOJ has been publicly confirmed as of May 2026.

Connected Entities

4 entities · 60 linked investigations
Organizations
Binance45PortalZachXBT
Protocols
LayerZero — DVN Single-Verifier Configuration Risk
Relationships
  • ZachXBTmentioned withBinance(60%)
  • Portalmentioned withBinance(70%)
  • Portalmentioned withZachXBT(70%)
  • Portalmentioned withLayerZero — DVN Single-Verifier Configuration Risk(60%)
Have evidence about Portal?

Timeline(12 events)

September 2023

Portal begins pre-sale and private funding activities, targeting Web3 gaming ecosystem positioning.

6 December 2023

Rockstar Games co-founder Jamie King announced as Portal Foundation advisor.

16 December 2023

Portal's combined private and public token sale closes, raising approximately $29 million at $0.0879 per token.

26 January 2024

CertiK delivers preliminary security audit report for Portal.

22 February 2024

Binance Launchpool farming period for PORTAL begins; peak staking exceeds $9 billion, setting a Binance record.

29 February 2024

PORTAL token listed on Binance at approximately $3.07-3.36. Token reaches all-time high of approximately $4.41 before falling roughly 50% within 24 hours.

March 2024

Token airdrop claims opened for eligible users. Community members report regional restrictions and claiming difficulties.

June 2024

Approximate date when team and advisor token unlock schedules begin releasing meaningful volumes (30-month linear vest from TGE).

31 December 2024

PORTAL closes 2024 approximately 90% below its all-time high, at roughly $0.30.

10 October 2025

PORTAL reaches all-time low of approximately $0.0076.

31 December 2025

PORTAL ends 2025 approximately 93% below its 2025 opening price.

25 May 2026

PORTAL trading near $0.009, approximately 99.8% below all-time high. Investigation published by AVOID.NET.

Provenance & Audit Trail

Decision Log

This investigation is cryptographically anchored to the Solana blockchain (1 event). 15 of 16 cited source URLs have an Internet Archive snapshot.

model: claude-sonnet-4-6

generated: 5/4/2026, 2:54:51 AM

last updated: 8/30/2026, 1:44:38 PM

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