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Truflation

avoid.net/truflation→28/100·100% conf.
[AI-DRAFTED · AWAITING VERIFICATION][src:zachxbt][src:defillama]
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Summary

Truflation is a blockchain-based inflation data oracle protocol that provides real-time economic indices to DeFi applications via its Truflation Stream Network (TSN) and TRUF token. In September 2024, the project suffered a confirmed malware attack that compromised private keys across its treasury multisig and personal wallets, resulting in losses estimated between $4.6 million and $5.2 million — predominantly in TRUF tokens, ETH, and DAI. On-chain investigator ZachXBT was among the first to publicly identify and report the incident; the project subsequently initiated a full TRUF token migration as a remediation measure.

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    Timeline(9 events)

    2021-01-01

    Truflation founded by Stefan Rust with the goal of providing a censorship-resistant, blockchain-native inflation index.

    2022-05-17

    Truflation publicly launches, announcing Chainlink integration and censorship-resistant economic data infrastructure.

    2024-01-01

    Truflation raises $6 million in a Series A funding round. Investors include Coinbase Ventures and G20 Ventures.

    2024-09-25

    Truflation detects abnormal wallet activity. A malware attack, allegedly introduced during Token2049 in Singapore, compromises private keys for the treasury multisig and personal team wallets across Ethereum and seven other blockchains.

    2024-09-25

    ZachXBT publicly identifies and reports the Truflation hack, estimating losses of approximately $5 million from treasury multisig and personal wallets on multiple chains.

    2024-09-26

    Truflation publicly confirms the malware attack. CEO Stefan Rust states the malware likely entered systems during Token2049. Truflation disables staking and limits DEX liquidity. An on-chain message offering a $500,000 bounty is sent to the attacker.

    2024-09-26

    Blockchain analytics estimate losses of $3.89M in TRUF, $1.07M in ETH, and $236,700 in DAI on Ethereum; total losses estimated at $4.6M–$5.2M. Attacker declines bounty negotiation offer.

    2024-10-28

    Truflation announces TRUF token redistribution plan to render stolen tokens unusable. New token contract deployed at 0x243c9be13fAbA09F945ccc565547293337Da0Ad7.

    2024-10-29

    TRUF token migration executes at 11:00 UTC. Snapshot taken; only whitelisted wallets eligible for new token claims. Legacy TRUF token effectively deprecated.

    Provenance & Audit Trail
    Anchored on SolanaVerify on-chainsrc:zachxbtsrc:defillama

    Decision Log

    This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.

    full audit log →version history →

    model: claude-sonnet

    generated: 5/4/2026, 2:54:28 AM

    last updated: 5/26/2026, 4:11:12 AM

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