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RocketSwap Base

avoid.net/rocketswap-base→22/100·82% 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·2nVUfk…YCRe

Summary

RocketSwap is a decentralized exchange (DEX) launched on the Coinbase Base Layer 2 network in mid-2023 that suffered a $865,000 private key compromise exploit just days after Base's public launch, making it one of the first major exploits on the network. The attack, confirmed by security firms PeckShield and Certik as a private key compromise, was compounded by a separate $69,000 social engineering loss one week prior, and the hacker subsequently laundered stolen funds through Tornado Cash, Binance, OKX, and a self-created memecoin called LoveRCKT. The project has been flagged by ZachXBT and community analysts, with some alleging that pre-exploit proxy contract modifications and the team's decision to silence communications point to possible insider involvement, though this has not been conclusively proven.

Connected Entities

11 entities · 60 linked investigations
Organizations
□Ethereum64□Bald□Arbitrum□Binance□Base□ZachXBT
Protocols
⌂RocketSwap Base⌂LeetSwap⌂Uniswap
Tokens
♦Coinbase♦KuCoin
Relationships
  • Ethereum→mentioned with→Coinbase(60%)
  • KuCoin→mentioned with→Uniswap(60%)
  • KuCoin→mentioned with→ZachXBT(70%)
  • KuCoin→mentioned with→Ethereum(60%)
  • ZachXBT→mentioned with→Ethereum(70%)
  • ZachXBT→mentioned with→Binance(60%)
  • Binance→mentioned with→Ethereum(65%)
  • Uniswap→mentioned with→Ethereum(80%)
  • LeetSwap→mentioned with→Coinbase(70%)
  • LeetSwap→mentioned with→Uniswap(60%)
  • + 27 more
Also appears in
Ethereum·64Lendf.me·30Levyathan·18Jump Trading·42StableMagnet·2Shibarium·28Bankr·18Nexera·32Sky (MakerDAO)·51BearnFi·12+ 50 more

Connected Through

10 shared actors · 527 investigations

Distinct actors this investigation shares with others — holders, traders, and named parties. Shared infrastructure (exchanges, pools) is excluded.

Have evidence about RocketSwap Base?

Timeline(9 events)

8 August 2023

RocketSwap team allegedly transfers approximately $69,000 in native RCKT tokens to scammers impersonating KuCoin exchange representatives; team deletes posts about the incident.

14 August 2023

Exploiter executes brute-force attack on RocketSwap's cloud server, extracts private keys, and drains approximately 471 ETH ($865,000) from the protocol's yield farming contracts via a compromised proxy contract.

14 August 2023

PeckShieldAlert detects and reports the exploit on-chain; confirms 471 ETH bridged from Base to Ethereum via Stargate bridge.

14 August 2023

RocketSwap team disables comments on X (Twitter) and shuts down Telegram channel; community alleges pre-exploit proxy contract modifications observed on-chain.

14 August 2023

Exploiter creates LoveRCKT memecoin, mints 90 trillion tokens, and supplies 400 ETH plus full LoveRCKT supply as liquidity to Uniswap. LoveRCKT price temporarily triples before collapsing over 90%.

15 August 2023

RocketSwap Labs publishes emergency recovery plan: new open-source farm contract, accelerated RCKT production reduction, relinquishment of minting rights, and public appeal to exploiter to return funds.

15 August 2023

Certik classifies the incident as a 'Private Key Compromise.' ZachXBT flags RocketSwap as part of broader coverage of Base network security incidents.

15 August 2023

PeckShieldAlert tracks post-exploit laundering: approximately 169 ETH routed through Tornado Cash; approximately 86 ETH bridged to Arbitrum and BNB Chain; 347+ BNB and 34 ETH deposited to Binance; approximately 9,000 USDT sent to OKX.

16 August 2023

Coinbase announces development of 'Pessimism,' a blockchain monitoring tool, in direct response to the cluster of Base network exploits including RocketSwap and LeetSwap.

Provenance & Audit Trail
Anchored on SolanaVerify on-chain11 Wayback Archivessrc:defillama

Decision Log

This investigation is cryptographically anchored to the Solana blockchain (1 event). 11 of 14 cited source URLs have an Internet Archive snapshot.

full audit log →version history →

model: claude-sonnet-4-6

generated: 5/4/2026, 2:54:38 AM

last updated: 9/12/2026, 8:49:38 PM

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