Skip to main content
Sign in

MonoSwap

avoid.net/monoswap18/100·82% 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·2ngrSR…naZD

Summary

MonoSwap is a decentralized exchange (DEX) and launchpad built on the Blast L2 network that launched in late February 2024. On July 24, 2024, the protocol was compromised via a social engineering attack in which a developer was tricked into installing infostealer malware disguised as a video conferencing app, allowing attackers to drain approximately $1.3 million in staked liquidity. The stolen funds were subsequently laundered through Tornado Cash, and the protocol has remained largely inactive with negligible TVL since the incident.

Connected Entities

2 entities
Protocols
MonoswapMonoSwap
Relationships
    Have evidence about MonoSwap?

    Timeline(8 events)

    February 2024

    MonoSwap launches on Blast L2 mainnet coinciding with Blast's mainnet launch

    April 2024

    MonoSwap TVL peaks at approximately $2.8 million

    23 July 2024

    MonoSwap developer installs counterfeit Kakao video conferencing application (kakaocall[.]kr) during a call with individuals posing as venture capitalists; infostealer malware extracts private keys

    24 July 2024

    MonoSwap publicly discloses the hack via X (Twitter), advising users not to deposit funds or stake and to withdraw immediately; attackers drain most staked liquidity positions

    25 July 2024

    SlowMist publishes analysis of kakaocall[.]kr phishing infrastructure; links it to broader coordinated social engineering campaign; same phishing domain found in compromised @OurTinTinLand tweet

    25 July 2024

    Multiple security outlets confirm approximately $1.3 million in losses laundered through Tornado Cash

    25 July 2024

    MonoSwap states it is investigating and 'planning refund options'

    May 2026

    MonoSwap V3 TVL remains at approximately $95,000; no evidence of refund program or recovery; protocol effectively dormant

    Provenance & Audit Trail

    Decision Log

    This investigation is cryptographically anchored to the Solana blockchain (1 event). 13 of 15 cited source URLs have an Internet Archive snapshot.

    model: claude-sonnet-4-6

    generated: 5/4/2026, 2:54:30 AM

    last updated: 8/30/2026, 5:14:07 AM

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