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Truflation

avoid.net/truflation28/100·100% 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.

Connected Entities

6 entities · 60 linked investigations
Relationships
  • Ethereummentioned withCoinbase(60%)
  • ZachXBTmentioned withEthereum(70%)
  • Zappermentioned withCoinbase(65%)
  • Truflationmentioned withEthereum(70%)
  • Truflationmentioned withChainlink(70%)
  • Truflationmentioned withCoinbase(70%)
  • Truflationmentioned withZachXBT(70%)
  • Truflationmentioned withZapper(60%)
  • Chainlinkmentioned withEthereum(65%)
  • Chainlinkmentioned withCoinbase(65%)
  • + 1 more
Have evidence about Truflation?

Timeline(9 events)

2021

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

17 May 2022

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

2024

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

25 September 2024

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.

25 September 2024

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

26 September 2024

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.

26 September 2024

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.

28 October 2024

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

29 October 2024

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

Decision Log

This investigation is cryptographically anchored to the Solana blockchain (1 event).

model: claude-sonnet

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

last updated: 8/29/2026, 1:35:43 AM

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