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Zoth Protocol

avoid.net/zoth-protocol→49/100·82% conf.
[✓ FACT-CHECKED]· reviewed 3 times · last review 4 Jun 2026

Last changed 2026-10-10 · Score recalculated — Rescored under Scoring v2, the published formula (avoid.net/scoring): 8 → 49. Problems weighed by who is responsible: incidents the subject suffered −16, concerns that are not fraud −16, problems around the subject, caused by others −2.6; legitimacy credit long-running +4, regulated +5; fact-check adjustments (−20) now shown as page reliability, not in the score. Version history →

Why this score
Every page starts at65
Concerns that are not fraud-16
Incidents it suffered (e.g. hacks)-16
Problems around it, caused by others-2.6
Long-running+4
Regulated+5
Sum39

Score: 49/100 (kept between 0 and 100)

How scoring works →
anchored·55vVxP…YnwN

Summary

Zoth Protocol is an Ethereum-based real-world asset (RWA) re-staking and tokenization platform founded in 2023 by Pritam Dutta and Koushik Bhargav. In March 2025 the protocol suffered two separate security incidents within three weeks: an initial $285,000 logic-flaw exploit on March 1 and a far more damaging $8.4 million deployer-key compromise on March 21 that enabled a malicious proxy contract upgrade. The protocol has since launched a user compensation program, engaged Crystal Blockchain BV for fund recovery, and announced a security overhaul backed by a $15 million strategic token commitment from Bolts Capital.

Connected Entities

4 entities · 60 linked investigations
Organizations
□Ethereum90□ChangeNOW
Protocols
⌂Zoth Protocol⌂Uniswap93
Relationships
  • Zoth Protocol→mentioned with→Ethereum(60%)
  • Zoth Protocol→mentioned with→ChangeNOW(70%)
  • Zoth Protocol→mentioned with→Uniswap(70%)
  • ChangeNOW→mentioned with→Ethereum(65%)
  • ChangeNOW→mentioned with→Uniswap(60%)
  • Uniswap→mentioned with→Ethereum(80%)
Have evidence about Zoth Protocol?

Timeline(11 events)

2023

Zoth Protocol founded by Pritam Dutta and Koushik Bhargav.

Tracxn / The Org

March 2025

First exploit: attacker manipulates Uniswap V3 liquidity pool to exploit LTV logic flaw in mintWithStable(), draining $285,000 from the ZeUSD contract.

Verichains Blog

14 March 2025

Attacker funds a preparation wallet with 0.54 ETH via ChangeNOW and deploys a malicious smart contract, suggesting deliberate pre-attack staging.

QuillAudits Hack Analysis

20 March 2025

Attacker makes a failed attempt to upgrade the USD0PPSubVaultUpgradeable proxy contract, one day before the successful exploit.

QuillAudits Hack Analysis

21 March 2025

08:46 UTC: Attacker uses compromised deployer wallet (0x3604582f...218dca) to call upgradeToAndCall on the USD0PPSubVaultUpgradeable proxy, installing malicious implementation at 0xc89d7894...861f56.

Blockscope Research

21 March 2025

08:47 UTC: Attacker withdraws 8,851,750.37 USD0++ tokens (~$8.4M) from the now-controlled vault. Tokens swapped to DAI via CowSwap, then converted to ETH via Uniswap V2.

Blockscope Research

21 March 2025

Zoth publicly acknowledges the breach, states it is actively investigating and taking necessary steps.

Rekt News

21 March 2025

Asset issuer partners cooperate to freeze or lock approximately 73% of the protocol's TVL.

Rekt News

25 March 2025

Stolen funds reported consolidated in attacker wallets; Crystal Blockchain BV engaged for asset tracing. $500,000 public bounty launched via Securr.

CryptoTVPlus / BitcoinEthereumNews

April 2025

Zoth releases progress update: no significant changes in fund movements observed; tracking and investigation ongoing.

Bitget News

April 2025

Zoth announces 'Next Chapter' press release: $15M strategic token commitment from Bolts Capital, user compensation program, and phased ZeUSD relaunch with enhanced security measures.

PR Newswire
Provenance & Audit Trail

Decision Log

  • #8rescore+41Recorded on Solana ✓10/10/2026, 6:40:35 PM
    slot 455359022 · hash FFupzW8mk9pfHbAYM3oG7RmRa1ZVasvaFTbvHwfCDcmS
  • #7review approveRecorded on Solana ✓6/4/2026, 12:32:18 AM
    slot 424135747 · hash 7NZnT795Z4EfJVARh22bFry3fQkNaJYj7AAVtvChnK3H
  • #6reviewRecorded on Solana ✓6/4/2026, 12:32:18 AM
    slot 424135744 · hash 9FiFUH3WP18dCmVDHwo8KgRK7Z8vmAQd9qpjNAUMJvKv
  • #5review revise-10Recorded on Solana ✓6/2/2026, 7:49:55 PM
    slot 423876168 · hash 6ewS2ozXtsjcMxMrRsCqgDeEjJRTYecWuduEN7Bg2Bxw
  • #4reviewRecorded on Solana ✓6/2/2026, 7:49:55 PM
    slot 423876165 · hash 8XZfPRw6AYp9iuHoEYMn2e8NE4xo2Nei1MX922fPtU96
  • #3review revise-10Recorded on Solana ✓6/2/2026, 7:18:13 PM
    slot 423871405 · hash Cv4rUrtPexs21uRN2nNgLFrQj63QnP1tERELNBRzaEte
  • #2reviewRecorded on Solana ✓6/2/2026, 7:18:13 PM
    slot 423871402 · hash 7fqAJLMrJtqrCHkYFcs3ZhhrHshtUUnzmva7pJaP7ipf
  • #1publishRecorded on Solana ✓6/1/2026, 5:49:58 PM
    slot 423640548 · hash BGsQfKRY2NTkGYrPpXmP1GsQAVKmqWuNGMaCjGV7pYUG

This investigation is cryptographically anchored to the Solana blockchain (8 decisions). 15 of 15 cited source URLs have an Internet Archive snapshot.

model: claude-sonnet-4-6

generated: 6/1/2026, 5:49:54 PM

last updated: 10/10/2026, 6:40:35 PM

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