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BonkDAO

avoid.net/bonkdao→30/100·75% conf.
[AI-DRAFTED · AWAITING VERIFICATION]

Summary

BonkDAO is the decentralized governance body overseeing the community treasury of BONK, a Solana-based dog-themed memecoin launched in December 2022. On July 6, 2026, BonkDAO's treasury was drained of approximately $20 million in BONK tokens after an attacker accumulated enough BONK on the open market (roughly $4-4.4 million worth) to win a governance vote (Realms proposal BIP #76) and authorize the transfer of about 4.426 trillion BONK to a wallet under their control. This was a governance/voting-power exploit rather than a smart-contract hack, and it was widely reported by mainstream and crypto-native outlets, giving the core facts high confidence; the identity of the attacker, ultimate fund recovery, and any compensation for the DAO remain unresolved as of the most recent reporting.

Connected Entities

1 entities · 10 linked investigations
Organizations
□BonkDAO
Relationships
    Also appears in
    edgeX Exchange·28Saga EVM Blockchain·32Mach-O Man Malware Campaign (Lazarus / Chollima)·0Q2 2026 DeFi Record Hack Wave·0Gamma Strategies·28Alephium Bridge·18Bunni Protocol·28BitGrail·2Shunda Park Scam Compound·0Axiom DEX Insider Trading (Broox Bauer)·14
    Have evidence about BonkDAO?

    Timeline(4 events)

    2026-06-30

    An anonymous wallet allegedly submits a governance proposal (referred to in reporting as BIP #76) to BonkDAO's Realms governance system, styled as a 'governance renewal plan.'

    BonkDAO reports $20M theft from 'malicious governance proposal' - TradingView/Cointelegraph

    2026-07-06

    The malicious proposal passes; approximately 4.426 trillion BONK tokens (roughly $20 million) are transferred out of the BonkDAO treasury. BonkDAO publicly confirms the incident.

    BonkDAO Treasury Loses $20M in Malicious Governance Attack - Bitcoin.com News

    2026-07-07

    BONK token price falls approximately 8-10% following disclosure; exchanges including Upbit and Kraken reportedly pause BONK deposits and withdrawals as a precaution.

    BONK DAO Loses $20 Million in Governance Attack, Token Falls 10% - Yahoo Finance

    2026-07-13

    BonkDAO issues a community update stating it is exploring recovery options and monitoring flagged wallets, and promises a formal post-mortem; no compensation plan or recovery confirmation is disclosed.

    BonkDAO Updates Community After $20M Treasury Governance Incident - CryptoTimes
    Provenance & Audit Trail

    Decision Log

    • #1publish⛓ pending7/22/2026, 2:25:19 AM
      hash: 9bqYqNB3pYgYoi3t8d616APWBqsKcpi2BHtypDbZnJV2

    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-code-investigator

    generated: 7/22/2026, 2:21:18 AM

    last updated: 7/22/2026, 2:25:19 AM

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