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mySwap Starknet CL Protocol

avoid.net/myswap-starknet-cl-protocol→12/100·72% conf.
[AI-DRAFTED · AWAITING VERIFICATION]
anchored·2R2QC2…nzET

Summary

mySwap is the first automated market maker deployed on Starknet, operating a concentrated liquidity (CL) protocol that reached a peak TVL of approximately $9.7 million in April 2024 before declining sharply to near-zero by early 2025. On June 19, 2026, an attacker exploited a shared-vault accounting vulnerability in the dormant CL protocol by deploying a fake token named EVIL, draining approximately $305,000 in residual LP assets. The stolen funds were bridged cross-chain and routed through Railgun; no recovery has been confirmed and the attacker remains unidentified.

Connected Entities

1 entities · 10 linked investigations
Protocols
⌂mySwap Starknet CL Protocol
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·28Lulo·55Thorchain DEX·28Crossmint·70
    Have evidence about mySwap Starknet CL Protocol?

    Timeline(6 events)

    2022-01

    mySwap launches on Starknet as the first AMM on the network.

    mySwap on X (formerly Twitter) account creation and Starknet ecosystem records

    2024-04

    mySwap CL reaches peak TVL of approximately $9.7 million according to DefiLlama.

    DefiLlama - mySwap CL

    2024-07

    TVL begins sustained decline from $9.7M peak, falling to low single-digit millions and continuing downward through 2024.

    DefiLlama - mySwap CL

    2025-01

    mySwap CL TVL reaches approximately $5,000, a decline of over 99.9% from peak. Protocol is effectively dormant, with no new deposits accepted.

    DefiLlama - mySwap CL

    2026-06-19

    At approximately 7:15 AM UTC, an attacker deploys a fake EVIL token and exploits a shared-vault accounting vulnerability in mySwap CL, draining 137.96 ETH, 45,000 USDC, 19,900 USDT, and 230,000 STRK — totaling approximately $305,000. Stolen assets are subsequently bridged cross-chain and routed through Railgun.

    CryptoAdventure - mySwap Loses $305K On Starknet

    2026-06-20

    mySwap confirms the incident and states it is assessing the full impact. No post-mortem or recovery plan published as of this date.

    Phemex News - Starknet's mySwap Protocol Exploited
    Provenance & Audit Trail
    Anchored on SolanaVerify on-chain

    Decision Log

    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-sonnet-4-6

    generated: 6/24/2026, 11:06:08 PM

    last updated: 6/24/2026, 11:06:17 PM

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