Luna Yield
Summary
Luna Yield ($LUNY) was a purported cross-chain yield aggregator built on Solana that conducted an initial DEX offering (IDO) on the SolPad launchpad in August 2021. Approximately two days after its IDO, the anonymous development team removed all liquidity from protocol pools, deleted the project website and all social media accounts, and transferred an estimated $6.7 million in user funds across multiple cryptocurrencies to obfuscation services, in what multiple crypto news outlets characterized as a rug pull. The incident is widely cited as the first major rug pull on the Solana blockchain.
Connected Entities
3 entities · 10 linked investigations- ivBMuQdExFYSQraWteitugJ5AixJF9AeVwgdCjQhGwM→mentioned with→Luna Yield(50%)
- EiySftqENviEh339R1UhXN2Yxg9wi4ZpVHiRd99SXap7→mentioned with→Luna Yield(50%)
Timeline(5 events)
2021-08-16
Luna Yield yield farm incubated by SolPad; IDO fundraising opens on SolPad launchpad, raising approximately $100,000 in LUNY token sales.
Crypto Briefing2021-08-19
Luna Yield team allegedly removes all liquidity from protocol pools, deletes website, Twitter, Telegram, and all other social media accounts. SolPad announces on Twitter that it cannot reach the Luna Yield team. On-chain analyst hoakegani publishes Twitter thread tracing fund movements via wallet ivBMuQdExFYSQraWteitugJ5AixJF9AeVwgdCjQhGwM and identifying Sollet bridge address FBUKfg.
CoinDesk / CryptoPotato2021-08-20
CoinDesk publishes itemized on-chain breakdown confirming $6,709,834 in assets removed from Luna Yield. Anonymous source states funds were moved from Solana to Ethereum and routed through Tornado Cash. Nearly 200 affected investors organize in a 'Luna Yield RUG PULL' Telegram channel.
CoinDesk2021-08-21
SolPad finalizes and announces compensation plan: IDO participants to receive 60% of their original purchase amount in USDC, funded from SolPad Foundation emergency reserves. Distribution to be made directly to IDO participant wallets.
Decrypt / Bitcoin.com NewsDecision Log
- hash: 6ffcH3AQYQut6ECzRnpyYy9i1SyrzJ4osUdhxVde3vmy
- hash: 2xYCJYMV8Eq3VGNLvWamS5XdeZ7kf9MyBrsFHEREHSne
- hash: 67ZVQ277h1Pk3ry2WmMwrZVbWX8kqpVwejEZMCeBNu3C
This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.
model: claude-code-investigator
generated: 5/31/2026, 7:43:01 PM
last updated: 6/1/2026, 4:08:37 AM
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