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PRXVT

avoid.net/prxvt38/100·62% conf.
[AI-DRAFTED · AWAITING VERIFICATION][src:defillama]

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anchored·5DE5QX…m4Bn

Summary

PRXVT (ticker: PRXVT) is a privacy-focused AI-agent token launched on the Base blockchain via the Virtuals Protocol launchpad. The project markets itself as the governance and utility token for px402, an alleged zero-knowledge payment SDK designed to enable anonymous USDC transactions for autonomous AI agents. In early January 2026 the project's staking contract was exploited via a reward-claiming vulnerability, causing the token price to crash to an all-time low and prompting a contested emergency removal of a liquidity pool that was publicly represented as locked for ten years.

Connected Entities

7 entities · 60 linked investigations
Relationships
  • Wasabi Protocolmentioned withZachXBT(70%)
  • ZachXBTmentioned withBybit(70%)
  • PRXVTmentioned withBase(70%)
  • PRXVTmentioned withBybit(65%)
  • PRXVTmentioned withZachXBT(70%)
  • PRXVTmentioned withUniswap(65%)
  • PRXVTmentioned withUnleash Protocol(80%)
  • PRXVTmentioned withWasabi Protocol(80%)
  • Bybitmentioned withZachXBT(70%)
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Timeline(9 events)

December 2025

PRXVT token launches on Base via Virtuals Protocol launchpad, reaching an all-time high of approximately $0.009 during December 2025.

2026

Suspected Virtuals Protocol address withdraws 4 million VIRTUAL from LP wallet and deposits 1 million VIRTUAL (~$4.07M) into Bybit, per ChainCatcher/Arkham data.

5 January 2026

PRXVT staking contract (stPRXVT) exploited via CREATE2-based reward claim vulnerability. Approximately 32.8 ETH is drained. Token price crashes to an all-time low near $0.000034. Team pauses staking and triggers emergency LP removal.

5 January 2026

PRXVT/VIRTUAL liquidity pool removed from Virtuals Protocol, triggering community debate about the ten-year LP lock guarantee and whether the escape hatch sets a problematic precedent.

6 January 2026

PRXVT team (@PRXVTai) publicly commits to compensate holders affected by the exploit, including users who held leveraged positions via Wasabi Protocol at the time of LP removal.

7 January 2026

BlockThreat Week 1 2026 newsletter catalogues the PRXVT staking exploit alongside other incidents, including Unleash Protocol and Valinity. Full post-mortem details are paywalled.

10 January 2026

DeFiHackLabs publishes a Foundry-based proof-of-concept reproduction of the PRXVT staking exploit (PRXVT_exp.sol) in its 2026-01 directory.

2026

PRXVT migrates from original token contract (0xc2ff2e5a...) to new contract (0x4b5d32a0...) on Base Mainnet following the exploit.

28 May 2026

PRXVT trading at approximately $0.0018, with a market cap near $1.1 million USD and daily volume near $43,000. ZachXBT flag on the project is noted in AVOID.NET records.

Provenance & Audit Trail

Decision Log

This investigation is cryptographically anchored to the Solana blockchain (1 event). 14 of 18 cited source URLs have an Internet Archive snapshot.

model: claude-sonnet-4-6

generated: 5/4/2026, 2:54:19 AM

last updated: 8/30/2026, 8:07:20 PM

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