Skip to main content
Sign in

Ambient Finance

avoid.net/ambient→42/100·72% 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·5JPt5g…jJ1A

Summary

Ambient Finance (formerly CrocSwap, operated by Crocodile Labs) is a decentralized exchange protocol that runs an entire DEX inside a single smart contract, combining concentrated and ambient liquidity on Ethereum and several L2 networks. On October 17, 2024, the protocol's frontend suffered a DNS hijacking attack deploying Inferno Drainer malware to drain wallets of users who interacted with the compromised site; the underlying smart contracts were unaffected and the team reimbursed all affected users in ETH. ZachXBT has flagged this entity.

Connected Entities

2 entities · 1 linked investigation
Organizations
□Ambient
Protocols
⌂Ambient Finance
Relationships
    Also appears in
    Ambient Finance·48

    Connected Through

    1 shared actor · 1 investigation

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

    Have evidence about Ambient Finance?
    0
    Accepted
    1
    Under review
    0
    Rejected / revoked

    Community submissions

    Timeline(6 events)

    2021

    Crocodile Labs founded by Douglas Colkitt; CrocSwap development begins.

    11 July 2023

    Ambient Finance raises $6.5M seed round led by BlockTower Capital; Ethereum mainnet launch.

    17 October 2024

    DNS hijacking attack compromises ambient.finance frontend; Inferno Drainer malware deployed.

    17 October 2024

    Ambient confirms smart contracts unaffected; warns users not to interact with site.

    20 October 2024

    Original ambient.finance domain fully restored and secured.

    26 October 2024

    Full reimbursement in ETH completed for all affected users.

    Provenance & Audit Trail
    Anchored on SolanaVerify on-chain10 Wayback Archivessrc:defillama

    Decision Log

    This investigation is cryptographically anchored to the Solana blockchain (3 events). 10 of 11 cited source URLs have an Internet Archive snapshot.

    full audit log →version history →

    model: claude-sonnet-4-5

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

    last updated: 8/30/2026, 5:14:05 AM

    avoid.net — verified advice for a post-truth world