Uwerx
Last changed 2026-10-10 · Score recalculated — Rescored under Scoring v2, the published formula (avoid.net/scoring): 12 → 50. Problems weighed by who is responsible: concerns that are not fraud −9.6, incidents the subject suffered −3.2, problems around the subject, caused by others −2.4; legitimacy credit long-running +6; no longer operating, so capped at 50. Version history →
Why this score
| Every page starts at | 65 |
| Concerns that are not fraud | -9.6 |
| Incidents it suffered (e.g. hacks) | -3.2 |
| Problems around it, caused by others | -2.4 |
| Long-running | +6 |
| Sum | 56 |
- No longer operating, so capped at 50.
Score: 50/100 (kept between 0 and 100)
How scoring works →Summary
Uwerx (WERX) was a purported decentralized freelancing platform that conducted a multi-stage token presale in 2023 before suffering a flash loan exploit on August 2, 2023, one day after its Uniswap listing, resulting in the loss of approximately 176 ETH (~$324,000). Despite two prior smart contract audits by SolidProof and InterFi Network, neither audit identified the exploited vulnerability. The project subsequently relaunched on Polygon in October 2023 but has since been listed as abandoned on CoinSniper, with the token trading at effectively zero value and only six recorded holders as of early 2026.
Connected Entities
5 entities · 60 linked investigations- Uwerx→mentioned with→ZachXBT(70%)
- Uwerx→mentioned with→Ethereum(70%)
- Uwerx→mentioned with→Polygon(80%)
- Uwerx→mentioned with→Uniswap(70%)
- ZachXBT→mentioned with→Ethereum(70%)
- Uniswap→mentioned with→Ethereum(80%)
- Polygon→mentioned with→Ethereum(70%)
Timeline(11 events)
February 2023
SolidProof and InterFi Network complete smart contract audits of the original WERX token contract on Ethereum, reporting no critical issues.
May 2023
Uwerx launches its multi-stage token presale on Ethereum, targeting retail crypto investors with promises of a decentralized freelancing platform.
31 July 2023
Uwerx presale concludes. The team has allocated 57% of the 750 million total token supply (approximately 427.5 million WERX) to presale participants.
August 2023
WERX token officially lists on Uniswap (Ethereum). The launch is described by the team and affiliated media as successful.
2 August 2023
A flash loan exploit drains approximately 174.78-176 ETH (~$324,000-$327,000) from Uwerx's Uniswap liquidity pool. The attack exploits a flawed conditional transfer rule in the _transfer function combined with Uniswap's skim() and sync() functions. WERX token price drops approximately 100%. PeckShield and CertiK publish analyses of the attack.
2 August 2023
Uwerx team publicly acknowledges the exploit, offers the attacker a 20% bounty to return the remaining 80% of stolen funds. The attacker does not comply.
22 August 2023
Uwerx team announces relaunch plans, including migration to Polygon network with a new contract address and additional security audits.
25 October 2023
WERX token relaunches on QuickSwap (Polygon DEX) at a price of $0.056. New Polygon contract address: 0xa2d2d6dcC74F8cc71FF64e25999A9252e527c85f. A 10-week vesting period with a declining sell tax is implemented.
22 November 2023
Uwerx team releases a reported MVP (minimum viable product) of the freelancing platform.
11 March 2024
A promotional article announces a 'new chapter' for Uwerx's platform build. No independent verification of platform functionality is available.
17 February 2026
The WERX token on Polygon records only 6 holders. The token trades at effectively zero value. CoinSniper lists the project as abandoned.
Decision Log
- slot 455359186 · hash 43nZmSeysMsabmB6GdqKbA4qzk2ZpLP8xxZMTorEjWXX
- slot 423150255 · hash 2XSNJnt5JwzYVfXgX2dWCtxQ8rLjSgfyNLqqg9eaf9iA
This investigation is cryptographically anchored to the Solana blockchain (2 decisions). 15 of 25 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 5/4/2026, 2:54:39 AM
last updated: 10/10/2026, 6:40:39 PM
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